Gold prices fell to their lowest in nearly 4 months on Wednesday, extending the previous session's two-percent sell-off, as the dollar rallied against the euro and stock markets held near recent record highs. Spot gold fell 0.4 percent to $1,258.50 an ounce by 2:40 pm EDT (1840 GMT), having earlier hit $1,255.66 which marked its weakest since early February. US COMEX gold futures for June delivery settled down $6.20 an ounce at $1,259.30 an ounce.
Among other precious metals, silver ended flat, unchanged from Tuesday's close at $19.05. Platinum was down 0.5 percent at $1,450.25 an ounce and palladium climbed 0.5 percent to $834 an ounce.
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