Singapore: Gold prices edged lower yesterday for a second consecutive session, as investor focus shifted to US Federal Reserve System (US Central Bank) meetings for clarity on their rate-hike strategies in early May.
Spot gold was down 0.1 percent at $1,980.89 per ounce. US gold futures were flat at $1,990.20.
The dollar firmed 0.1 percent, increasing golds cost for buyers holding other currencies.
In other precious metals, spot silver slipped 0.3 percent to $24.95 per ounce.
