Gold slips from three-month high on profit taking

Gold prices eased from a more than three month high as profit taking and a stronger dollar curbed gains. Investors now look ahead to US inflation data and remarks from Federal Reserve Chairman Kevin Warsh.

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FILE PHOTO: A view of smelted gold bars at a smelting facility in Accra, Ghana, August 22, 2024. REUTERS/Francis Kokoroko/File Photo

Gold fell 0.2% to $4,640.40 per ounce on Tuesday morning after touching a three-month high. The pullback came as profit-taking and a stronger dollar curbed recent gains.

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