Singapore: Gold declined on Wednesday, pressured by a firmer US dollar and Treasury yields, while markets continued to track possible impacts of US President Donald Trump's fresh tariffs.
Spot gold fell 0.2% to $2,912.09 an ounce after rising nearly 1% on Tuesday, while US gold futures firmed 0.1% to $2,922.70.
The dollar firmed, making bullion more expensive for overseas buyers. The benchmark 10-year Treasury yields gained, diminishing non-yielding gold's appeal.
Spot silver firmed 0.1% to $32.00/oz, platinum held steady at $960.25, and palladium rose 0.8% to $949.05.
