Ammon News - Gold prices dipped on Tuesday as the U.S. dollar held firm, while investors awaited fresh insights on the U.S. Federal Reserve's stance on further interest rate reductions.
Spot gold fell 0.4% to $2,641.75 per ounce, as of 0551 GMT. Prices had hit a record high of $2,685.42 last month.
U.S. gold futures slid 0.3% to $2,658.50.
Spot silver shed 0.8% to $30.93 per ounce. Platinum fell 1.2% to $981.34 and palladium was down 1.5% to $1,014.00.
Reuters
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