LONDON: Gold prices slipped to a more than two-week low on Tuesday, as the dollar strengthened and improved risk appetite took the sheen off bullion ahead of the release of minutes from the US Federal Reserve’s latest policy meeting.
Spot gold was down 0.4 per cent at $1,272.42 per ounce as of 1315 GMT, having touched its lowest since May 3 at $1,270.09.
Among other precious metals, silver was down 0.2pc at $14.44 an ounce, closing in on the more than five-month low of $14.33 touched in the previous session.
Published in Dawn, May 22nd, 2019
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