Singapore, February 05 (QNA) - Gold and silver prices fell sharply in a broader market sell-off on Thursday, as tensions added pressure on precious metals and the dollar advanced to a near two-week high.

Spot gold was down 1.7% at $4,876.12 per ounce, retreating from ‌a near one-week high hit earlier in the session.

US gold futures for April delivery were down 1.1% at $4,896.30 per ounce.

Spot platinum slumped 7.7% to $2,056.64 per ounce after hitting an all-time high of $2,918.80 on Jan. 26, while palladium shed nearly 5% to $1,689.25. (QNA)