Business Gold hovers near two-week low on strong dollar ahead of Federal Reserve's minutes Updated : May 22, 2019 03:06 PM IST Spot gold edged down 0.1 percent to $1,274.10 per ounce at 0443 GMT. In the previous session, the metal fell to $1,268.97, its lowest since May 3. US gold futures were unchanged at $1,273.70 an ounce. Among other precious metals, silver was steady at $14.45 per ounce. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.