Gold slipped on Wednesday, following its rise the previous session, as the dollar’s strength dented the appeal of the metal as an alternative investment.
The precious metal hit a low of $1231.12 an ounce, while currently trading around $1233.20 from the opening at $1247.54.
The yellow metal rose on Tuesday the two blasts in the Belgium capital left at least 30 people killed spurred haven demand.
Asian shares dropped on Wednesday as investors became cautious after the deadly attacks in Brussels, ahead of the of the long Easter weekend.
The dollar resumed its rebound from five-month lows versus a basket of major currencies, hitting a high of 95.96, longest winning streak in a month, according to the dollar index.
Dovish comments from Fed officials continued to give support to the dollar, where Chicago Fed President Charles Evans said the U.S. economy has “good fundamentals.”
Philadelphia President Patrick Harker mentioned the improved outlook for the economy suggested short-term interest-rate hikes.
As of 14:00 GMT, the U.S. will release its new home sales data for the month of February.
Silver slumped to $15.59 an ounce from the opening at $15.83, where it has faced some selling pressure since hitting a peak of $16.13.
