Gold fell on Tuesday, though held above the $5,000-per-ounce level, as investors stayed cautious ahead of key U.S. jobs and inflation data due later this week that would provide cues to the U.S. Federal Reserve’s interest rate trajectory.
Spot gold
fell 0.7% to $5,029.49 per ounce by 0332 GMT. The metal gained 2% on Monday, as the dollar weakened to a more than one-week low. It had scaled a record high of $5,594.82 per ounce on January 29.
U.S. gold futures
for April delivery lost 0.5% to $5,052.0 per ounce.
