Gold falls as investors focus on central banks’ next move

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Gold prices fell on Monday, retreating from a more than 5-month high in the previous session as cautious investors assessed whether rising inflation would trigger a more aggressive response from central banks.
Sharjah 24 – Reuters:

The yellow metal fell in spot transactions on Monday 0.3% to $ 1858.73 an ounce by 04:44 GMT.

It retreated from its highest level in more than 5 months in the previous session as cautious investors assessed whether rising inflation would trigger a more aggressive response from central banks.

And US gold futures fell 0.5% to $ 1859.30.

As for other precious metals, silver fell in spot transactions 1.3% to $24.97 an ounce.

And platinum fell 1.2% to $ 1069.54 an ounce. And palladium fell 1.2% to $ 2084.50 an ounce.





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