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Gold Eases as Dollar FirmsSingapore, 27 Aug (ONA) — Gold prices today edged lower, pressured by an uptick in the dollar, although renewed concerns over the US central bank’s independence after US President Donald Trump’s threat to fire Federal Reserve Governor Lisa Cook lent support to bullion.
Spot gold was down 0.2% at $3,384.49 per ounce, after hitting its highest level since 11 August 2025.
US gold futures for December delivery were flat at $3,434.20.
The dollar index rose about 0.2% against its rivals, making gold less attractive for other currency holders.— Ends/Khalid