Singapore: Gold fell 1 percent on Tuesday as thin trading persisted across major Asian markets due to the Lunar New Year holidays, while a firmer dollar also pressured prices. Spot gold dropped 0.9 percent to $4,947.98 per ounce by 01:10 GMT, after losing 1 percent earlier in the session. US gold futures for April delivery lost 1.6 percent to $4,966.80 per ounce.
According to Emirates News Agency, spot silver fell 2.7 percent to $74.51 per ounce, after dropping over 3 percent earlier. Spot platinum shed 0.8 percent to $2,025.05 per ounce, while palladium lost 1.5 percent to $1,698.10.
