Muscat: Gold prices edged lower in early trade today, weighed down by easing concerns over a global tariff war and a stronger US dollar, while investors focused on the Federal Reserve policy meeting for interest rate clues. Spot gold was down 0.2% at $3,308.39 per ounce. Bullion hit its lowest level since July 9 in the previous session. US gold futures edged 0.1% lower to $3,306.20.

According to Oman News Agency, the US dollar index held near a more than one-week high, making gold costlier for buyers holding other currencies. Spot silver was down 0.1% at $38.12 per ounce, while platinum gained 0.4% to $1,395.75 and palladium fell 0.7% to $1,237.88.