One kilo gold bars are pictured at the plant of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022.
Gold prices eased on Wednesday pressured by an uptick in the U.S. dollar, having risen 2% in the previous session following China's decision to further ease Covid restrictions.
The dollar index edged up 0.1%, making greenback-priced gold more expensive for overseas buyers.
SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, said its holdings rose 0.6% to 918.51 tonnes on Tuesday.
Spot silver lost 0.4% to $23.95, platinum slipped 0.5% to $1,015.17 and palladium fell 0.5% to $1,821.28.