Gold holds near 7-week lows
Gold prices settled near their lowest level in over seven weeks at around $4,124.57 per ounce, after declining in the previous session to the lowest since August 5th. Futures contracts for gold also fell by 0.3% to $4,156.70. Meanwhile, other precious metals experienced declines, with silver dropping to $60.62, platinum to $1,699.86, and palladium to $1,209.08. This decline comes amid market anticipation of U.S. interest rate decisions and inflation figures, as price fluctuations continue in global markets for gold and related metals.
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