Gold prices on firmer dollar

emirates7 - Gold prices edged lower on Wednesday, pressured by high US Treasury yields and a firm dollar.

Spot gold fell 0.4 percent to US$4,464.64 per ounce as of 04:39 GMT, after touching its lowest level since 30th March. US gold futures for June delivery declined 1 percent to US$4,466.40.

Spot silver fell 0.3 percent to US$73.59 per ounce, platinum slipped 0.3 percent to US$1,917.18, while palladium rose 0.7 percent to US$1,366.35.