Doha: Gold eased on Wednesday as risk appetite improved despite a soft dollar and lower Treasury yields. Spot gold was down 0.2% at $3,423.44 per ounce, after hitting its highest point since June 16 earlier in the session. US gold futures also slipped 0.2% to $3,437.70.

According to Qatar News Agency, the decline in gold prices was mirrored in other precious metals as well. Spot silver fell 0.3% to $39.15 per ounce, platinum dropped 0.3% to $1,437.83, and palladium slipped 0.8% to $1,264.96. The shift in risk appetite among investors, despite the weaker dollar, contributed to the easing of prices in these markets.