Gold price today: Bullion slips as stock mood improves; U.S. jobs and CPI next
Gold slipped on Tuesday, down 0.4% to $5,042.63 an ounce for spot prices by 1213 GMT, as the dollar strengthened and equities rebounded. U.S. April futures tracked lower too, losing 0.3% to $5,065.60. The dollar nudged 0.1% higher, keeping bullion under its Jan. 29 peak of $5,594.82. “A resurgence in risk appetite … has weighed on gold,” noted Ricardo Evangelista of ActivTrades. Silver, platinum, and palladium all moved lower as well.