London, December 08 (QNA) – Gold prices eased on Thursday as the dollar recovered slightly, while market participants await further direction on US rate hikes from the Federal Reserve meeting next week.
Spot gold fell 0.2 percent to USD 1,783.50 per ounce, after rising more than 1 percent on Wednesday supported by a pullback in the dollar and US bond yields. US gold futures were down 0.2 percent to USD 1,795.10.
The dollar index was up 0.2 percent, making the greenback-priced metal more expensive for buyers holding other currencies.
Spot silver inched 0.6 percent lower to USD 22.60, platinum lost 0.2 percent to USD 1,000.67 and palladium was flat at USD 1,844.20. (QNA)
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