Gold prices inch down and take a dip

Gold prices inch down and take a dip

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LONDON: On Thursday gold prices dipped, weighed down by a firmer dollar and a decline in global geopolitical tensions, breaking a string of gains for four successive sessions. Spot gold was down 0.2% at $1,346.60 per ounce by 1015 GMT, while US gold futures fell 0.3% to $1,349.90 per ounce.

Spot silver prices rose 0.3% to $17.20 per ounce, having touched their highest since Feb 1 at $17.31, earlier in the session.

 

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