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Gold Sustains Downward Trend

Gold Sustains Downward Trend

Gold prices in the spot market fell by 0.4% to reach $4,030.09 per ounce, declining over $130 from its two-week high, due to decreased demand and economic concerns. Other precious metals also declined: silver dropped by 0.7% to $57.29, platinum fell by 1.3% to $1,579.49, and palladium decreased by 1.5% to $1,237.50. The decline comes amid market volatility and expectations of reduced demand for safe-haven assets.

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