Gold Dips On Dollar strength Amid Ongoing U.S.-North Korea Summit

Gold prices eased on Tuesday as the dollar strengthened amid encouraging signs from a historic U.S.-North Korea summit and a likely interest rate hike by the U.S. Federal Reserve, limiting demand for the yellow metal.

Spot gold inched down 0.2 percent at $1,297.42 per ounce at 0352 GMT and U.S. gold futures for August delivery were 0.1 percent lower at $1,301.50 per ounce.

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