Gold prices and Silver rate are down. Spot gold was down 0.5 per cent at $4,189.26 per ounce. U.S. gold futures for August delivery fell 0.9 per cent to $4,207.80. Spot silver fell 0.8 per cent to $65.32 per ounce, platinum lost 0.9 per cent to $1,680.87, and palladium was down 0.5 per cent at $1,272. Gold prices were on track for a third consecutive weekly decline, as a stronger dollar and hawkish signals from the U.S. Federal Reserve weighed on the non-yielding metal.