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Gold $3,439.96 $(7.15) -0.21% Silver $36.26 $(0.1) -0.28% Platinum $1,233.56 $8.35 0.68% Palladium $1,038.45 $19.03 1.87%

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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