Representational file photo.
Singapore: Gold prices edged lower on Tuesday, with spot gold falling 0.6 percent to $4,138.39 per ounce, while US gold futures for August delivery slipped 0.5 percent to $4,148.50.
The precious metal reached a two-week high on Monday after weaker-than-expected US employment data released last week prompted markets to scale back expectations for a near-term interest rate increase.
Among other precious metals, spot silver fell 2.6 percent to $60.46 per ounce, platinum rose 0.5 percent to $1,639.18, and palladium gained 0.1 percent to $1,271.33.
