Doha: Gold prices edged lower on Wednesday due to a slightly firmer dollar, amid anticipation of decisions by the Federal Reserve (central bank). Spot gold was down 0.1% at $3,374.01 per ounce, after hitting a near two-week high on Tuesday. US gold futures fell 0.1% to $3,431.10.
According to Qatar News Agency, the dollar rebounded from a one-week low hit in the previous session, reducing gold's appeal to holders of other currencies. Spot silver was steady at $37.82 per ounce, platinum slipped 0.5% to $1,313.94, and palladium fell 1% to $1,164.15.