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Gold prices fall worldwide with dollar trends
Gold prices in Asian markets have declined, heading towards their second consecutive loss this week, due to the rising dollar and investors preparing for US employment data that will influence monetary policy direction. Spot gold fell by 0.4% to $4,161.58 per ounce, marking a nearly 3% loss since the beginning of the week. Other precious metals also declined: silver decreased by 0.2% to $60.71, palladium dropped by 0.6% to $1,177.80, and platinum declined by 0.3% to $1,718.80. The strengthening dollar is boosting its weekly gains, making metals more expensive for investors holding non-dollar currencies.
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