Shafaq News/ Gold prices edged lower on Thursday as higher U.S. Treasury yields dented the metal's appeal.
Spot gold fell 0.4% to $1,797.73 per ounce by 0540 GMT.
U.S. gold futures gained 0.1% to $1,795.50.
U.S. central bank's promise to get the economy back to full employment, and to not worry about inflation unless prices begin rising in a persistent and troubling way.
Benchmark U.S. Treasury yields hovered near a one-year peak hit in the previous session. Higher yields increase the opportunity cost of holding non-yielding bullion.
The dollar languished near three-year lows versus riskier currencies.
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SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings fell 0.4% to 1,106.36 tons on Wednesday from 1,110.44 tons on Tuesday.
Silver slipped 0.2% to $28.04 an ounce. Platinum fell 0.7% to $1,259.5, while palladium eased 0.1% to 2444.50$