Spot gold fell 1.8% to $1,504.61 per ounce by 02:13 p.m. EDT (1813 GMT). Prices had earlier dropped as much as 2% to $1,501.55 an ounce.
US gold futures settled down 1.8% at $1,512.3 an ounce.
The dollar index hit a two-week high on safe haven interest amongst investors looking to hedge against risks emanating from the inquiry into Trump accusing him of seeking foreign help to smear Democratic rival Joe Biden ahead of next year’s election, in turn limiting the appeal of the traditional haven, gold.


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