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Singapore, 6 Aug (ONA) — Gold prices edged lower today due to a slightly firmer dollar, amid anticipation of decisions by the Federal Reserve (central bank).
Spot gold was down 0.1% at $3,374.01 per ounce, after hitting a near two-week high on Tuesday.
US gold futures fell 0.1% to $3,431.10.
The dollar opens new tab rebounded from a one-week low hit in the previous session, reducing gold’s appeal to holders of other currencies.
Spot silver was steady at $37.82 per ounce, platinum slipped 0.5% to $1,313.94 and palladium fell 1% to $1,164.15. — Ends/AH
