Gold prices slipped from a more than two-month high today due to an uptick in the dollar, although weaker-than-expected U.S. economic data stoked worries over recovery and limited losses for the safe-haven metal.
Spot gold was down 0.2% at $1,788.89 per ounce, after touching its highest since Feb. 25 at $1,797.75 yesterday.
U.S. gold futures dropped 0.1% to $1,789.40 per ounce.
The dollar index climbed 0.2% against its rivals, making gold less attractive for other currency holders.
Palladium climbed 0.2% to $2,977.63 per ounce, after scaling an all-time high of $3,007.73 per ounce on Friday.
Silver was down 0.5% at $26.74 per ounce, after hitting its highest since March 1 on Monday, while platinum climbed 0.1% to $1,231.46.
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