Key Highlights
- US gold futures for February delivery fell 0.27% to $4,611.20.
- Spot silver declined 0.8% to $91.6861 per ounce after hitting an all-time high of $93.57 earlier in the session.
- The drop in gold price today came after the US dollar hit a six-week high as jobless claims unexpectedly fell.
- The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, rose 0.24% to 99.31, and reached 99.49, the highest since December 2.
- In the domestic market, gold and silver prices rose and continued to hit record highs in the previous session.
