A one kilo Swiss gold bar and US dollars gold coins are pictured in Paris on February 20, 2020.
Gold prices inched lower on Thursday as a slight uptick in the dollar offset support from lower Treasury yields, while investors awaited key U.S. economic readings this week for more clarity on monetary policy.
On Tuesday, gold prices hit their highest level since Jan. 8 at $1,916.40.
The dollar index, however, edged 0.1% higher against its rivals, making gold less appealing for other currency holders.
Elsewhere, silver edged 0.1% lower to $28.17 per ounce, palladium rose 0.1% to $2,858.46, while platinum was steady at $1,189.48.
Ilya Spivak, hasn't, Jerome Powell
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