Singapore, January 15 (QNA) - Gold slipped on Thursday as investors booked profits after three consecutive sessions ‍of record highs, while an apparent softer tone from US President Donald Trump on the Federal Reserve ⁠chair and Iran dampened safe-haven demand for bullion.

Spot gold was down 0.6% at $4,594.66 per ounce.

In the previous session, bullion hit a record high of $4,642.72.

US gold futures ‌for February delivery ‌slipped 0.8% to $4,599.50.

Spot silver fell 5.3% to $87.88 ⁠per ounce after hitting an all-time high of $93.57 earlier in ‌the session.

Spot platinum receded 4% to $2,288.05 per ounce, a one-week high, after scaling a record peak of $2,478.50 on Dec. 29.

Palladium lost 2.5% to $1,753.53 per ounce and hovered near a one-week ‌low.

Trump said on Wednesday ⁠that he ‌has no plans to fire Jerome Powell, while his comments on Iran eased fears of possible military action. (QNA)