gold prices slipped on thursday on track to fall for a fourth straight session as fitch ratings’ decision to put the us’s aaa credit rating on notice helped boost the us dollar   gold futures for june delivery gc00 gcm23 declined by 330 or 02 to 1961 per ounce on comex   july silver si00 sin23 declined by 14 cents or 06 to 2310 per ounce   palladium for june delivery pam23 was flat at 1403 per ounce platinum for july delivery pln23 was also flat at 102970   copper for july delivery hgn23 rose by 3 cents or 08 to 359 per pound fitch ratings inc announced wednesday evening that it was considering a downgrade of the us’s credit rating the news helped boost the value of the us dollar while weighing on global stocks and gold see dow futures dip after fitch puts us credit ratings on ‘ratings watch negative’ as debtceiling deadline nears since climbing to their secondhighest level on record earlier this month gold prices have pulled back as the us dollar has strengthened a stronger dollar makes gold which is priced in dollars more expensive for buyers in other currencies a stronger dollar and rising treasury yields were cited as the key outside markets weighing on gold by analysts “gold and silver prices are slightly lower in early us trading thursday with silver dropping to a twomonth low a surging us dollar index and rising us treasury yields are bearish outside market elements working against the precious metals on this day” said jim wyckoff senior analyst at kitco in emailed commentary