Ammon News - Gold prices declined on Thursday, pulling back slightly from a record high as investors locked in profits, while attention shifted to key U.S. jobs data for further insight into the Federal Reserve's policy path.

Spot gold fell 0.4% to $3,542.97 per ounce as of 0838 GMT. U.S. gold futures for December delivery dipped 0.9% to $3,601.40.

Spot gold hit a record high of $3,578.50 on Wednesday amid rising bets for a U.S. Federal Reserve rate cut and lingering geopolitical and economic uncertainties.

Elsewhere, spot silver fell 0.7% to $40.92 per ounce, after hitting its highest since September 2011 on Wednesday.

Platinum lost 1.4% to $1,402.18 and palladium shed 1% to $1,136.12.

Reuters