Source : WAM
Gold prices slipped on Wednesday as investors took profits after the metal briefly rose to a more than one-week high earlier in the session. Sentiment across the precious metals market was pressured by a firmer U.S. dollar, with traders also positioning ahead of key U.S. employment data due later this week.
Spot gold declined 0.7 percent to U.S.$4,466.19 per ounce by 0330 GMT. The metal had reached a record peak of U.S.$4,549.71 on December 26.
U.S. gold futures for February delivery were down 0.4 percent at $4,477.30.
Spot silver fell 1.2 percent to $80.34 per ounce, easing from its all-time high of $83.62 recorded on December 29.
Platinum prices slid 2.9 percent to $2,373.00 per ounce, pulling back from a record high of $2,478.50 set last Monday. Palladium also weakened, trading 2.5 percent lower at $1,777.22 per ounce.
