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Gold Slips from One Month High on Firmer Dollar

Paris: Gold prices edged lower on Wednesday after hitting a one-month high earlier in the session, as the US dollar regained some ground. Gold: Spot gold fell 0.3 percent to US$4,828.07 per ounce as of 02:49 GMT, after hitting its highest since 18th March earlier. US gold futures for June delivery were steady at US$4,851.30.

According to Emirates News Agency, among other metals, spot silver rose 0.8 percent to US$80.15 per ounce, platinum gained 1.1 percent to US$2,126.14, while palladium fell 0.1 percent to US$1,585.60.

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