Gold Eases from Two-Week High Amid Stronger DollarSingapore, 25 Aug (ONA) — Gold prices today retreated, pulling back from a two-week high reached in the previous session as a stronger U.S. dollar exerted downward pressure. Despite the dip, the metal continued to draw underlying support from growing expectations of U.S. interest rate cuts, reinforced by Federal Reserve Chair Jerome Powell’s recent dovish shift.Spot gold declined 0.2% to $3,364.25 per ounce, after having climbed on Friday to its highest level since 11 August 2025. U.S. gold futures for December delivery also softened, falling 0.3% to $3,409.80.The U.S. dollar index, which had recently touched a four-week low, advanced 0.2% against a basket of major currencies, reducing the appeal of dollar-denominated gold for international buyers.In other precious metals trading, spot silver edged down 0.2% to $38.09 per ounce, platinum declined 0.3% to $1,356.95, and palladium slipped 0.6% to $1,119.67.— Ends/Khalid
