Investors are waiting for any indication on the direction that interest rates will take, as their rise increases the opportunity cost of owning gold that does not generate a return.
price movement
Gold fell 0.1% in spot trades to $1,973.38 an ounce at 0257 GMT, while US gold futures settled at $1,975.90 .
The dollar index maintained its level, making the yellow metal less attractive for foreign buyers.
As for other precious metals, silver fell 0.3% to $23.37 an ounce and platinum rose 0.1% to $1,049.38. Palladium also rose 0.5% to $1,453.16, according to Reuters data.
Read the Latest World News Today on The Eastern Herald.