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Gold Falls 1% on Firmer Dollar, Thin Asia Trade

Economy

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Singapore, February 17 (QNA) - Gold fell 1% on Tuesday as thin trading persisted across major Asian markets, while a firmer dollar also pressured prices.

Spot gold dropped 0.9% to $4,947.98 per ounce, after losing 1% earlier in the session.

US gold ⁠futures ⁠for April delivery lost 1.6% to $4,966.80 per ounce.

Spot silver fell 2.7% to $74.51 per ounce, after dropping over 3% earlier.

Spot platinum shed 0.8% to $2,025.05 per ounce, while palladium lost 1.5% to $1,698.10. (QNA)

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