RIYADH: Gold prices slipped on Wednesday, pressured by a firmer dollar as investors look to minutes from the US Federal Reserve’s May policy meeting due later in the day for cues on its policy tightening path.
Spot gold fell 0.6 percent to $1,855.03 per ounce by 1134 GMT, on track to snap a five-day winning streak. US gold futures dropped 0.6 percent to $1,853.40.
Spot silver fell 1.5 percent to $21.76 per ounce, while platinum shed 1.4 percent to $940.89.
Palladium was 0.7 percent lower at $1,992.37.
Wheat heads lower
US wheat futures fell on Wednesday following reports that Russia was ready to provide humanitarian corridors for food shipments, while corn hovered near a six-week low as US planting picked up and China allowed Brazilian corn imports.
The most-active wheat contract on the Chicago Board of Trade was down 2.8 percent at $11.22 a bushel by 1023 GMT.
Corn eased 1.2 percent to $7.62-1/4 a bushel after falling 1.8 percent on Tuesday while soybeans edged 0.4 percent lower to $16.86-1/4 a bushel.
(With input from Reuters)