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Gold Prices Edge Lower on Stronger Dollar, Easing Tariff ConcernsSingapore, 29 Jul (ONA) — Gold prices edged lower in early trade today , weighed down by easing concerns over a global tariff war and a stronger US dollar, while investors focused on the Federal Reserve policy meeting for interest rate clues.
Spot gold was down 0.2% at $3,308.39 per ounce. Bullion hit its lowest level since July 9 in the previous session.
US gold futures edged 0.1% lower to $3,306.20.
The US dollar index held near a more than one-week high, making gold costlier for buyers holding other currencies.
Spot silver was down 0.1% at $38.12 per ounce, while platinum gained 0.4% to $1,395.75 and palladium fell 0.7% to $1,237.88.— Ends/Khalid
