Gold prices retreated from their highest levels in a year on Thursday, with spot gold dropping 0.3% to $2014.26 per ounce after reaching its highest price since March 2022 on Wednesday. U.S. gold futures also fell 0.3% to $2029.80. The dollar index rose 0.2%, making bullion more expensive for buyers holding other currencies.
In other precious metals, silver lost 0.7% to $24.81 per ounce, while platinum rose 0.5% to $1001.67, and palladium decreased 0.2% to $1426.95.
