Gold traders are of the bias that the precious market is heading from neutral to bearish...
Spot gold was down by 0.4% to trade at $1,862 per ounce after hitting its highest since Jan. 8 at $1,874.50 earlier in the session.
More COVID-19 relief programs pushed the yellow metal’s appeal up as an inflation hedge.
Gold futures were up 0.38% at $1,836.80/ounce after hitting the lowest point since December 2 yesterday
Gold futures prices at their most recent trading session settled at $1,829.90 an ounce, down by 1.2%.
The U.S dollar index gained 0.6% on the day to settle at 90.77.
Spot gold dropped as much as 0.7% to $1,836.30 an ounce at the Asian trading session
The world's flagship crypto Bitcoin impressive gains partly responsible for seeing massive investors outflows from another popular inflation hedge gold.
Gold futures dropped about 0.33% to trade at $1,947.
Gold futures were trading at $1,937 an ounce printing a gain of $42 per ounce.