Gold prices fell today, with the dollar regaining some of its strength, while dealers are evaluating the possibility that the Federal Reserve (the US Central Bank) will raise interest rates again in May, before stopping the lifting cycle temporarily.
Gold in instant transactions fell 0.1 percent to $ 2003.03 an ounce by 0337 GMT.
US gold futures also fell 0.2 percent to $2016.20.
The dollar index rose 0.1 percent, making the yellow metal more expensive for buyers of other currencies.
Gold is considered a hedge in times of high inflation, but high interest rates reduce the attractiveness of non-yielding bullion.
Investors are now looking for clues as to whether the May hike will be the last before the Federal Reserve temporarily halts its rate-raising cycle.
As for other precious metals, spot silver fell 0.2 percent to $25.16 an ounce, platinum fell 0.6 percent to $1075.58, while palladium rose 1 percent to $1624.72.
