Gold eases, silver rises near $89

April gold futures fell 0.45% to $5,202 an ounce

Gold prices slipped on Tuesday as investors took profits after four straight sessions of gains driven by safe-haven demand amid uncertainty over US trade policy and prospects for a nuclear deal with Iran.

The pullback came as Chinese traders returned to the market following the Lunar New Year holiday, after gold had surged more than 7% over the previous four sessions.

April gold futures fell 0.45%, or $23.6, to $5,202 an ounce at 08:58 Mecca time, while spot gold declined 0.85%, or $44.59, to $5,182.83 an ounce.

May silver futures rose 1.63% to $88.64 an ounce, with spot silver up 0.7% at $88.83.

Spot palladium edged up 0.11% to $2,156.4 an ounce, while platinum gained 0.37% to $1,750.25.

The dollar index, which tracks the US currency against six major peers, rose 0.1% to 97.8.