Gold Prices Ease As Dollar Steadies

Gold prices inched down on Monday as the U.S. dollar steadied and as signs of easing tensions on the Korean peninsula reduced safe-haven demand for the metal.

Spot gold had fallen 0.3 percent to $1,318.23 per ounce by 0639 GMT. U.S. gold futures for June delivery declined 0.3 percent to $1,319.20 per ounce. Prices have dropped about 0.5 percent so far in April.

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Suhani Verma

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