New York: SiltaNews – News Desk
Gold prices slid on Wednesday as investors booked profits after prices briefly climbed to a more than one-week high in earlier trade, as a stronger dollar weighed on sentiment across the precious metals complex ahead of key US jobs data due this week.
Spot gold fell 0.7% to US$4,466.19 per ounce, as of 0330 GMT. Bullion touched a record high of US$4,549.71 on 26th December. Meanwhile, US gold futures for February delivery declined 0.4% to $4,477.30. Spot silver lost 1.2% to $80.34 per ounce, down from an all-time high $83.62 on 29th December. Spot platinum dropped 2.9% to $2,373.0 per ounce, receding from a record high $2,478.50 last Monday, while palladium traded 2.5% lower at $1,777.22 per ounce.