(Reuters) - Australian shares are set to open slightly lower on Thursday, as commodities come under pressure from falling oil and gold prices
Gold prices fell from near seven-month highs on a stronger dollar, while an unexpected increase in U.S. inventories of crude and gasoline contributed to an existing global glut, pushing down prices.
The local share price index futures <YAPcm1> fell 0.2 percent, or 10 points, to 5,654, a 13.2-point discount to the underlying S&P/ASX 200 index <.AXJO> close.
The benchmark index closed about 0.27 percent lower.
New Zealand's benchmark S&P/NZX 50 index <.NZ50> fell 0.05 percent in early trade.
(Reporting by Nicole Pinto in Bengaluru)
