Slight Decline in Gold Prices Today

Gold prices edged lower slightly on Monday, weighed down by inflation concerns that continue to cast uncertainty over the outlook for U.S. monetary policy.اضافة اعلان

According to Bloomberg, spot gold fell by 0.3% to $4,599.45 per ounce.

U.S. gold futures for June delivery also declined by 0.7% to $4,611.40.

As for other precious metals, silver rose by 0.1% in spot trading to $75.38 per ounce, platinum gained 0.2% to reach $1,991.85, while palladium dropped by 0.3% to $1,519.66 per ounce.