Gold futures about traded 0.5% lower Wednesday, with a final bid of $1,604.20 per ounce, according to CME Group data. Gold prices reached a high of $1,618 and a low of $1,594.70. Gold bullion finished lower at $1,605 per ounce for Wednesday’s trading session in London, according to BullionVault.

“Investors (are) continuing to favor the U.S. Dollar over bullion as the key safe-haven trade,” ANZ Bank said in a statement. “However we see this changing in the next six months as heightened negative sentiment surrounding Europe eases and the US Dollar loses some ground to a cheap Euro.”

Silver futures traded 1.4% lower Wednesday, with a final bid of $27.53 per ounce. Wednesday’s high for silver reached $28.02, and the low was $27.06.

Gold and silver trusts finished down Wednesday.

• The SPDR Gold Trust (NYSE:GLD) finished down 0.9%.
• The iShares Gold Trust (NYSE:IAU) was 0.9% lower.
• The iShares Silver Trust (NYSE:SLV) stumbled 2.1%.

Gold and silver mining ETFs showed broad losses.

• The Market Vectors Gold Miners ETF (NYSE:GDX) fell 1.2%.
• The Market Vectors Junior Gold Miners ETF (NYSE:GDXJ) finished 0.7% lower.
• The Global X Silver Miners ETF (NYSE:SIL) was 1.2% lower.

Gold mining shares showed varying losses Wednesday, with Kinross Gold (NYSE:KGC) taking the worst of it.

• Agnico-Eagle Mines (NYSE:AEM) was up 0.6%.
• Barrick Gold (NYSE:ABX) finished 1.2% lower.
• Eldorado Gold (NYSE:EGO) dipped 1.5%.
• Goldcorp (NYSE:GG) finished 1.4% lower.
• Kinross Gold dove 4.5%.
• Newmont Mining (NYSE:NEM) lost 0.1%.
• NovaGold Resources (AMEX:NG) gained 0.5%.
• Yamana Gold (NYSE:AUY) finished down 0.6%.

Silver mining shares finished broadly lower Wednesday, with Silver Standard Resources (NASDAQ:SSRI) falling hard.

• Coeur d’Alene Mines (NYSE:CDE) was down 2.9%.
• Hecla Mining (NYSE:HL) finished 2.2% lower.
• Pan American Silver (NASDAQ:PAAS) was 1.2% lower.
• Silver Wheaton (NYSE:SLW) dropped 1.3%.
• Silver Standard Resources fell 4.5%.

As of this writing, Angela Nazworth did not hold a position in any of the aforementioned securities. Adrian Ash of BullionVault contributed to this report.