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Gold fell slightly on Tuesday, as investors awaited US inflation data this week that may give more clarity regarding the plans of the Federal Reserve (the US central bank) to raise interest rates in order to control inflation.
Gold fell slightly on Tuesday, as investors awaited US inflation data this week that may give more clarity regarding the plans of the Federal Reserve (the US central bank) to raise interest rates in order to control inflation.
By 0710 GMT, spot gold fell 0.2% to $1,785.89 an ounce, and US gold futures fell 0.2% to $1,801.90 an ounce.
On Monday, gold prices rose towards a one-month high reached last week, as the dollar and Treasury yields fell following a rally that followed a strong US jobs report on Friday.
As for other precious metals, silver fell in spot transactions 0.2 percent to $ 20.60 an ounce. And platinum fell 0.3 percent to $ 936.76 an ounce. And palladium fell 1.8 percent to $2,190.13 an ounce.
