London, November 08 (QNA) – Gold prices inched lower on Tuesday, pressured by an uptick in the dollar, and as traders looked ahead to key US inflation figures this week that could influence the Federal Reserves rate-hike narrative.

Spot gold was down 0.3% at $1,669.73 per ounce. Prices hit a three-week peak in the previous session, buoyed by a weaker dollar.

US gold futures fell 0.5% to $1,672.70.

Spot silver was down 1% at $ 20.56. Platinum fell 0.4 % to $975.19 and palladium slipped 0.5% to $1,887.17. (QNA)

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