Gold holds above $5,000 on Tuesday 

Gold slipped 0.7 per cent to $5,030.80 per ounce on Tuesday, remaining above the $5,000 mark as investors awaited US jobs and inflation data later this week that could influence Federal Reserve interest rate moves. US gold futures for April delivery fell 0.5 per cent to $5,051.70.

Silver dropped 2.1 per cent to $81.63 an ounce, while platinum and palladium fell 2 per cent and 1.1 per cent to $2,080.30 and $1,721.75, respectively. The dollar’s slight rebound also weighed on bullion prices.

Investors are watching US retail sales on Tuesday, nonfarm payrolls on Wednesday, and inflation data on Friday, with markets pricing in at least two 25-basis-point rate cuts in 2026.

Attribution: Reuters