Gold declines over 2 percent
Gold prices dropped by more than 2.1%, reaching approximately $4,041.59 per ounce, after hitting a two-week high of $4,165.87. This is also the lowest level since July 7. The decline came following a price increase in the previous session, with August gold futures falling 2.6% to $4,043.50. Other precious metals also experienced declines: silver decreased by 4.3% to $57.15 per ounce, platinum dropped 3.1% to $1,593.17, and palladium fell 2.8% to $1,255. These decreases explain the overall downward movement in gold prices, influenced by market shifts and current economic factors.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)