Gold dips as dollar stays firm

Gold edged lower on Monday as a firm dollar weighed on prices, with investors remaining cautious over potential Iranian retaliation following US strikes on its nuclear facilities.

Spot gold slipped 0.1 per cent to $3,365.29 an ounce by 1003 GMT. US gold futures also fell 0.1 per cent to $3,381.30.

Attribution: Reuters
Subediting: M. S. Salama