While the U.S. dollar and Treasury yields strengthened, the gold price fell slightly on Wednesday. However, bets of an interest rate cut by the Federal Reserve in September limited additional losses.

Spot gold was down 0.2% at $2,385.23 per ounce at 0155 GMT. US gold futures fell by 0.3% to $2,425.50. The dollar has regained ground, making ingot more expensive for holders of other currencies. While the benchmark 10-year US Treasury yields have increased slightly. Zero-yielding gold tends to thrive in a low interest rate environment.

The dollar has regained ground, making ingot more expensive for holders of other currencies. While the benchmark 10-year US Treasury yields have increased slightly.

Spot silver lost 0.2% to $26.99 per ounce, platinum rose 0.31% to $914.90, and palladium gained 0.13% to $875.77 per ounce.