Gold and precious metal prices fall
Gold and precious metal prices declined today, with the spot price of gold dropping by 0.5% to $4,576.30 per ounce. U.S. gold futures also fell by 0.8%, reaching $4,629. Investors are awaiting remarks from Federal Reserve Chair Jerome Powell at the Jackson Hole symposium. Additionally, silver prices decreased by 1% to $68.54, palladium by 0.8% to $1,339.84, and platinum by 0.6% to $1,834.83. The latter is heading for a weekly loss.
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