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Gold $4,980.06 $101.83 2.09% Silver $77.29 $3.57 4.84% Platinum $2,075.60 $60.78 3.02% Palladium $1,715.27 $37.43 2.23%

Gold slips as firm dollar counters bets for Fed pause

Gold slips as firm dollar counters bets for Fed pause

June 5 (Reuters) - Gold slipped on Monday as the dollar firmed after strong U.S. payrolls data last week, offsetting some of the support for zero-yield bullion from bets that the Federal Reserve may pause rate hikes in June.

Spot gold fell 0.4% to $1,939.44 per ounce by 1130 GMT, close to its lowest level since May 30. U.S. gold futures fell 0.7% to $1,956.40 per ounce...[LINK]

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