Gold price slides as dollar firms and traders brace for U.S. jobs data
Spot gold fell 0.8% to $4,461.51/oz Wednesday as the dollar held near a two-week high and traders booked profits after a sharp rally. U.S. gold futures slipped 0.5%. Investors awaited U.S. labor data, including the ADP payrolls report due later in the day, for signals on Federal Reserve policy. Silver dropped 2.3% and platinum lost 6%.