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Singapore, March 24 (QNA) – Gold pricesآ fell more than 1% on Tuesday, extending their slide to a tenth straight session, pressured by a firm US dollar and fading hopes for near-term Federal Reserve interest rate cuts.
Spot gold fell 1.4% to $4,345.48 per ounce, while US gold futures for April delivery fell 1.3% to $4,348.60.
The rising dollar made the precious metal more expensive for holders of other currencies.
Spot silver lost 2.5% to $67.37 per ounce, spot platinum fell 2.1% to $1,841.35, and palladium shed 2.8% at $1,393. (QNA)
