Gold slips as higher-for-longer rate outlook pressures bullion
Spot gold fell 0.6% to $4,319.39/oz by 0652 GMT as investors priced in higher-for-longer US rates while awaiting Fed comments.
39 per ounce by 0652 GMT, as expectations that interest rates could stay higher for longer weighed on bullion. Investors were awaiting comments from US Federal Reserve officials for policy clues.