Singapore, October 29 (QNA) - Gold prices fell on Thursday as a stronger US dollar weighed on bullion, with investors reassessing the outlook for US monetary policy after the Federal Reserve held interest rates steady.

Spot gold fell 0.7% to $4,039.26 an ounce, while US gold futures for December delivery were little changed at $4,051 an ounce.

Among other precious metals, spot silver shed 0.7% to $53.60 an ounce, while platinum eased 0.3% to $1,533.50. Palladium bucked the trend, gaining 0.7% to $1,017.29 an ounce. (QNA)