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๐Ÿ‡ฆ๐Ÿ‡ช United Arab Emirates /Economy & Trade

Gold prices edge lower on Monday

From Gulf Today · () English

Summarized by DistantNews. Read the original for the full story.

At a glance

Newswire From a news agency Context piece
  • Spot gold fell 0.5% to $4,405.47 per ounce at 02:11 GMT after dropping 1% on Friday.
  • U.S. gold futures for December delivery also declined 0.5% to $4,452.20.
  • Silver, platinum and palladium prices also moved lower.

Gold prices edged lower on Monday, with spot gold down 0.5% at $4,405.47 per ounce as of 02:11 GMT. The metal had fallen 1% on Friday.

U.S. gold futures for December delivery also slipped 0.5% to $4,452.20.

Other precious metals declined as well. Spot silver eased 0.2% to $66.03 per ounce, platinum fell 0.8% to $1,805.53 and palladium dropped 0.7% to $1,396.08.

About this summary

Originally published by Gulf Today. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.