Gold Prices Fall 0.2% After Weekly Gains

Gold prices edged down slightly on Monday, following a recent peak that marked the highest levels in two weeks. In the spot market, gold dipped by 0.2% to reach $4,527.36 per ounce. Concurrently, U.S. gold futures experienced a 0.8% decline, priced at $4,558.10 per ounce.

Meanwhile, in other precious metals trading, silver saw an increase of 0.4%, settling at $75.54 per ounce. Platinum made a more significant move upwards, rising by 1% to $1,935.65 per ounce. Notably, palladium recorded a 1.3% gain, climbing to $1,371.24 per ounce.