Gold dips from three-month high
Gold prices declined after reaching their highest level in more than three months, as investors awaited U.S. inflation data and Federal Reserve Chair Jerome Powell's speech this week. The spot price of gold fell by 0.2% to $1,460.39 per ounce, while futures remained steady at $1,496. Price declines were also seen in other precious metals, such as silver, which dropped by 1.3% to $68.01, platinum, down 1.2% to $1,853.85, and palladium, decreasing by 1% to $1,345.26.
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