A latex composition containing a carboxy-modified polymer latex, a xanthogen compound, and a typical metal compound in a form other than an oxide. This latex composition has excellent stability, can avoid delayed (Type IV) allergic reactions in addition to immediate (Type I) allergic reactions, and can provide a molded film, such as a dip-molded product, having excellent tear strength and tensile strength. Also a molded film and a substrate with an adhesive layer which are obtained using the latex composition.