Gold dips

Bengaluru : Gold prices slipped in early trade on Wednesday, as the dollar regained ground after briefly dipping earlier following U.S. President Donald Trump´s decision to pull out of the Iran nuclear deal.

Spot gold fell 0.2 percent to $1,311.81 per ounce at 0111 GMT. U.S. gold futures for June delivery slipped 0.1 percent to $1,312.40 per ounce.

The dollar index , which measures the greenback against a basket of six major currencies, was up 0.1 percent at 93.199. * Trump on Tuesday pulled the United States out of an international nuclear deal with Iran, raising the risk of conflict in the Middle East, upsetting European allies and casting uncertainty over global oil supplies. Oil prices pushed higher in early trading on Wednesday after the Iran announcement, a move that may curb the OPEC-member´s crude exports in an already tight market.