Gold prices eased in a tight range on Wednesday as the U.S. dollar firmed, although bullion was not far from a one-week high scaled in the previous session as traders looked ahead to impending economic data later this week.

Markets traded volatile and ended marginally lower, in continuation to the prevailing corrective phase.

Gold has traded with an upward bias as the dollar dipped, although lingering worries about further interest rate hikes from the US Federal Reserve may restrict the gains during the evening session.

Markets started the week on a firm note and gained nearly a percent, taking a breather after the recent slide.

Gold has traded with an upward bias till now as a softer dollar countered pressure on the non-yielding bullion from expectations of higher interest rates in the United States for longer than earlier expected.

Markets drifted lower and lost over half a percent, in continuation of yesterday’s fall.

Markets shed over a percent for the second consecutive week, tracking weak global cues.

Gold has traded with an upward bias till now as the dollar eased.

Markets plunged sharply lower and lost nearly one and a half percent, tracking feeble global cues.

Gold prices have eased after the rate hike decision.