Sharjah24 - WAM: Gold prices eased on Tuesday as the US dollar firmed, the metal backing away from a record peak hit in the previous session as a fusion of bullish factors including growing US rate cut bets and geopolitical risks drove safe-haven demand.
Spot gold was down 0.6% at $2,410.73 per ounce, as of 0335 GMT after hitting a record high of $2440.49 on Monday.
Also, US gold futures fell 1% at $2,414.00.
Spot silver fell 1.5% to $31.35 an ounce after hitting a more than 11-year high in the last session.
Platinum lost 1.1% to $1,035.15, after hitting its highest since 12th May 2023 on Monday. Palladium dropped 1.8% to $1,008.91.
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