Ammon News - Gold prices eased on Tuesday, while investors looked toward key U.S. inflation data due later this week that could throw some light on the Federal Reserve's stance on interest rate cuts.

Spot gold was down 0.4% at $2,324.69 per ounce, as of 0632 GMT. U.S. gold futures fell 0.3% to $2,336.80.

Bullion dropped more than 1% on Friday as the dollar jumped after U.S. business activity crept up to a 26-month high in June amid a rebound in employment.

Elsewhere, spot silver fell 0.5% to $29.50 per ounce, while platinum rose 0.6% to $1,000.28.

Palladium was trading flat at $979.30.

Reuters