Bears keep hold of bullion on overpriced US dollar


Gold prices fell on Tuesday as the dollar regained some ground, but bullion's losses were capped by expectations that the U.S. central bank may hit pause on its rapid rate hike trajectory.

Spot gold fell 0.5% to $1,640.90 per ounce by 0955 GMT, while U.S. gold futures slipped 0.5% to $1,645.00.