Investing.com - Gold futures struggled for direction near two-week lows in European trade on Thursday, as U.K. voters go to the polls for a referendum on European Union membership.
The vote on a potential Brexit was set to take place between 6:00GMT, or 7:00AM London time, and 21:00GMT, or 10:00PM in London, with results expected early Friday morning.
Recent polls showed that the race between the Leave and Remain campaigns was too close to call.
Gold for August delivery on the Comex division of the New York Mercantile Exchange fell to an intraday low of $1,261.50 a troy ounce, the weakest since June 9. It last stood at $1,271.25 by 06:55GMT, or 2:55AM ET, up $1.25, or 0.1%.
A day earlier, gold shed $2.50, or 0.2%, on growing expectations that Britain would vote to remain in the European Union.
Gold soared to $1,318.90 late last week, the most since August 2014, as worries about a potential exit by the U.K. from the European Union left investors scrambling for safe haven assets.
Elsewhere on the Comex, silver futures for July delivery inched up 2.8 cents, or 0.16%, to trade at $17.34 a troy ounce during morning hours in London, while copper futures eased up 0.2 cents, or 0.12%, to $2.138 a pound.