Gold prices dipped 0.3% to $3,303.82 an ounce on Thursday after reaching a nearly two-week high earlier in the session, pressured by a stronger dollar, which makes the metal more expensive for holders of other currencies. U.S. gold futures also slipped 0.3% to $3,304.10. Analysts attribute the decline to profit-taking and the dollar’s recovery. Despite this, concerns over the U.S. government’s growing $36 trillion debt and recent fiscal decisions—including Moody’s downgrade of the U.S. credit rating and weak demand in a $16 billion Treasury bond sale—helped keep gold above the $3,300 level as investors seek safe-haven assets. Meanwhile, the House advanced President Trump’s tax and spending bill, stirring further fiscal concerns. Other precious metals also fell, with silver down 0.7% to $33.14, platinum dropping 0.7% to $1,068.97, and palladium slipping 2% to $1,015.97.