Ammon News - Gold prices edged lower on Wednesday due to a slightly firmer dollar, while investors held back from making big bets ahead of U.S. President Donald Trump's decision on appointments to the Federal Reserve.

Spot gold was down 0.1% at $3,376.69 per ounce, as of 0631 GMT, after hitting a near two-week high on Tuesday. U.S. gold futures fell 0.1% to $3,432.40.

The dollar rebounded from a one-week low hit in the previous session following weak U.S. jobs data that raised rate-cut hopes in September, reducing gold's appeal to holders of other currencies.

On the trade front, Trump again threatened to raise tariffs on goods from India over its Russian oil purchases, while New Delhi called his attack "unjustified" and vowed to protect its economic interests, deepening the trade rift between the two countries.

Spot silver was steady at $37.85 per ounce, platinum slipped 0.1% to $1,319.35 and palladium fell 0.6% to $1,168.17. Reuters