Doha: Gold prices slipped on Wednesday as the dollar firmed following stronger-than-expected US payrolls data, putting pressure on bullion ahead of the Federal Reserve meeting, where a rate cut is widely expected. Spot gold fell 0.1% to $4,207.39 per ounce, while US gold futures for February delivery settled at $4,236.60 per ounce.

According to Qatar News Agency, among other precious metals, spot silver rose 0.5% to a record high of $61.02 per ounce after surpassing the $60 mark on Tuesday. Platinum fell 1% to $1,672.70 per ounce, while palladium declined by 1% to $1,491.00 per ounce.