Gold closes slightly lower - UPI.com NEW YORK, July 2 (UPI) -- Gold prices slid slightly on the Comex division of the New York Mercantile Exchange Monday, shedding $4.80 to settle at $1,599.40 per troy ounce. Silver lost 8 cents to close at $27.52 per troy ounce. Commodities and equities were both flat on Wall Street following a sharp rally that ended the previous week's trading. The dollar index turned higher, rising 0.31 percent to 81.84 on the Intentional Exchange. The euro fell to $1.2586 from Friday's $1.2661. Against the yen, the dollar fell to 79.52 yen from 79.81 yen. The British pound fell to $1.7501 from $1.5704. The dollar fell to 1.0167 Canadian dollars from 1.0168 Canadian.