Gold ticks lower as dollar firms

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WORLD CAPITALS, 14th March, 2024 (WAM) — Gold prices edged lower on Thursday as the US dollar gained, though bullion remained near record-high levels, Reuters reported.

Spot gold fell 0.2% to $2,171.05 per ounce as of 0426 GMT, and the US gold futures also dipped 0.2% to $2,175.40.

Spot platinum fell 0.3% to $935.50 per ounce, palladium shed 0.3% to $1,056.24, and silver dropped 0.3% to $24.95 after hitting a more than four-month high earlier in the session.