Gold Prices Ease As The U.S. Dollar Strengthens

Image Credit : WAM
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Source : WAM

Gold prices eased on Monday as the dollar strengthened, following a more than 2 percent surge in the previous session.

Spot gold slipped 0.4 percent to $5,020.10 per ounce as of 01:11 GMT, after climbing 2.5 percent in the prior session.

U.S. gold futures for April delivery edged down 0.1 percent to $5,039.50 per ounce.

Spot silver declined 0.6 percent to $76.92 per ounce, after posting a 3 percent gain on Friday.

Spot platinum fell 0.4 percent to $2,054.35 per ounce, while palladium advanced 0.4 percent to $1,692.23.