Dubai: Gold prices eased on Tuesday, trading below a two-week high, with investors awaiting the US Federal Reserve's June meeting minutes for insight into new Chair Kevin Warsh's monetary policy direction. Spot gold fell 0.6 percent to $4,138.32 per ounce by 0232 GMT, while US gold futures for August delivery eased 0.4 percent to $4,149.90.
According to Emirates News Agency, other precious metals also experienced fluctuations. Spot silver slipped 1 percent to $61.48 per ounce. Platinum recorded a minor decline of 0.1 percent to $1,629.46, while palladium saw an increase of 0.4 percent to $1,272.85. Investors are closely monitoring the market for any shifts in monetary policy that could impact these commodities.
