New york: Gold prices fell on Thursday after rising more than 2% in the previous session, as the dollar strengthened ahead of an inflation report that could provide further clues about the path of US interest rates. Spot gold prices fell 0.4% to $4,961.57 per ounce, after rising 2.1% in the previous session.

According to Yemen News Agency, US gold futures for April delivery fell 0.6% to $4,981. As for other precious metals, silver fell 0.5% in spot trading to $76.83 an ounce after dropping more than 5% on Wednesday. Platinum slipped 0.1% to $2,069.35 an ounce, and palladium declined 0.5% to $1,707.53.