Gold prices inched lower on Tuesday as the U.S. dollar witnessed an uptick, with traders largely focusing on Federal Reserve Chair Jerome Powell’s speech for insights into the central bank’s rate hike path.
* Spot gold was down 0.2% at $1,868.85 per ounce, as of 0033 GMT. U.S. gold futures also slipped 0.2% to$1,873.10.
* The dollar index firmed 0.1% after hitting a seven-month low in the previous session. A stronger dollar makes bullion expensive for other currency holders.
