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Gold $2,458.59 $1.11 0.05% Silver $30.30 $0.03 0.1% Platinum $997.82 $2.15 0.22% Palladium $950.88 $(1.44) -0.15%

Gold rally loses steam as dollar holds firm ahead of US jobs data

Gold rally loses steam as dollar holds firm ahead of US jobs data

Dec 5 (Reuters) - Gold prices edged lower on Tuesday, trading $100 below the record high level hit in the last session, as the dollar held firm and investors awaited more U.S. economic data this week that could influence the Federal Reserve's rate outlook.

Spot gold was down 0.3% at $2,024.30 per ounce by 1200 GMT. Bullion had climbed to an all-time high of $2,135.40 on Monday, before dropping more than $100 in a single day to close 2% lower...[LINK]

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