RIYADH: Gold prices eased on Wednesday as the dollar firmed, although bullion still traded in a narrow range as investors awaited fresh cues from top central banks on their monetary policy plans, especially from the US Federal Reserve.
Spot gold fell 0.3 percent to $1,826.41 per ounce by 0528 GMT, extending losses to a fourth straight session. US gold futures dropped 0.6 percent to $1,827.40.
Spot silver dropped 1.3 percent to $21.38 per ounce, while platinum fell 0.5 percent to $933.36.
Palladium dropped 0.5 percent to $1,869.20.
Wheat recovers from near 3-month low
Chicago wheat edged higher on Wednesday, as the market recovered after touching the weakest levels since March in the last session, although pressure from early harvest in the US and Europe limited gains.
Soybeans and corn futures lost more ground on forecasts of favorable weather in the US Midwest.
The most-active wheat contract on the Chicago Board of Trade added 0.7 percent to $9.94-1/2 a bushel, as of 0240 GMT, after dropping to its lowest since March 29 at $9.73-1/2 a bushel in the previous session.
Soybeans lost 0.4 percent to $16.75 a bushel and corn gave up 0.2 percent to $7.00 a bushel.
Copper and other industrial metals fell on Wednesday, driven by rising supply concerns amid fears over a global economic slowdown impacting metals demand.
Three-month copper on the London Metal Exchange was down 1.7 percent at $8,847 a ton by 0532 GMT, while the most-traded July copper contract in Shanghai fell 0.7 percent to $10,070.25 a ton.
LME aluminum fell 0.9 percent to $2,510.50 a ton, zinc slipped 1 percent to $3,554, lead eased 0.5 percent to $2,054.50, and tin dropped 2.7 percent to $30,500.