Singapore: Gold prices edged higher on Tuesday, helped by a softer dollar, but were poised for their worst month in more than 17 years as higher energy prices dimmed hopes for a US interest rate cut this year.
Spot gold rose 0.8% to $4,544.19 per ounce.
US gold futures for April delivery gained 0.3% to $4,573.20.
Gold has lost about 14% so far this month, heading for its steepest fall since October 2008, pressured by a stronger US dollar. However, prices are up about 5% so far this quarter.
Spot silver rose 1.2% to $70.81 per ounce, spot platinum gained 0.1% to $1,901.95, and palladium was up 1.1% at $1,421.45.
