Doha: Gold prices retreated from a three-week high in early Asian trading on Monday amid growing expectations of a US interest rate cut later this month. Spot gold slipped about 0.2% to $4,221.68 per ounce, after touching its highest level since November 13.

According to Qatar News Agency, US gold futures for December delivery edged up around 0.2% to $4,261.60 per ounce. Meanwhile, silver surged 2.2% to a fresh high of $57.59 per ounce. Among other precious metals, platinum eased 0.2% to $1,669.15, while palladium jumped 2.3% to $1,483.51.