Gold Slides as Dollar Steadies, Traders Eye US Data

Gold Slides as Dollar Steadies, Traders Eye US Data
Gold bullion is displayed at GoldSilver Central's office in Singapore, on June 19, 2017. Edgar Su/Reuters
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Gold prices slipped on Wednesday from a nine-month peak hit in the previous session as the dollar steadied and investors squared positions ahead of U.S. fourth-quarter economic growth figures.

Spot gold was down 0.6 percent to $1,925.02 per ounce at 1152 GMT, after hitting its highest since late April on Tuesday. U.S. gold futures dropped 0.5 percent to $1,926.30.