Gold slips from 4-1/2-month peak as dollar regains footing

Spot gold was down 0.1% at $1,894.88 per ounce by 0235 GMT, after hitting its highest since Jan.8 at $1,912.50 on Wednesday.

Gold prices retreated from a 4-1/2-month high on Thursday, hurt by an uptick in the U.S. dollar and bond yields, while investors awaited key economic readings out of the United States this week. Spot gold was down 0.1% at $1,894.88 per ounce by 0235 GMT, after hitting its highest since Jan.8 at $1,912.50 on Wednesday. U.S. gold futures declined 0.3% to $1,898 per ounce.