Gold Falls on Stronger Dollar

Charissa Swanepoel
1 Min Read

World Capitals: SiltaNews – News Desk

Gold prices fell on Monday as the dollar firmed, with spot gold declining 0.7% to US$4,793.98 per ounce as of 03:51 GMT, after hitting its lowest level since 13th April earlier in the session.

US gold futures for June delivery dropped 1.4 % to US$4,813.60. Among other metals, spot silver fell 0.9% to US$80.04 per ounce, platinum declined 0.5% to US$2,093.56, while palladium remained steady at US$1,558.60 per ounce.

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