Gold prices slid for a third consecutive day on Tuesday, February 20, as the dollar rebounded from over three-year lows, while investors waited for the minutes of the latest Federal Reserve meeting for clues on the outlook for US interest rates.
Spot gold was down 0.2 per cent at $1,343.22 an ounce at 0112 GMT US gold futures slipped 0.8 per cent to $1,345.70 per ounce.
The dollar index , which measures the greenback against a basket of currencies, was up 0.2 per cent at 89.295.
The US currency showed signs of a bounce back as some investors bought in after it fell to over three-year lows last week.
The value of global mining and metals deals hit a four-year high in 2017, according to accountancy firm EY, as financial distress abated and companies sold off non-core assets, Economic Times reports.
