Ammon News - Gold prices dropped on Wednesday, pressured by a firmer dollar and a de-escalation in trade tensions, while investors awaited key U.S. data for cues on the Federal Reserve's rate outlook.

Spot gold was down 0.4% at $3,302.58 an ounce, as of 0430 GMT. U.S. gold futures lost 0.7% to $3,310.70.

The dollar edged 0.1% higher against a basket of currencies, making bullion more expensive for overseas buyers.

Spot silver fell 0.7% to $32.72 an ounce, platinum eased 0.6% to $971.75 and palladium lost 0.2% to $932.40. Reuters