Global gold prices fell on Monday after reaching a record high earlier in the session, as trade tensions eased following U.S. President Donald Trump's announcement to exempt smartphones and computers from the retaliatory U.S. tariffs.
According to Bloomberg News, spot gold dropped by 0.1% to $3,232.45 per ounce, while U.S. gold futures rose by 0.1% to $3,248.20 per ounce.
As for other precious metals:
Silver dropped by more than 1% in spot trading to $31.91 per ounce.
Platinum rose by 0.6% to $948.45 per ounce.
Palladium increased by 0.8% to $922.98 per ounce.
— (Petra)
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Global gold prices fell on Monday after reaching a record high earlier in the session, as trade tensions eased following U.S. President Donald Trump's announcement to exempt smartphones and computers from the retaliatory U.S. tariffs.
According to Bloomberg News, spot gold dropped by 0.1% to $3,232.45 per ounce, while U.S. gold futures rose by 0.1% to $3,248.20 per ounce.
As for other precious metals:
Silver dropped by more than 1% in spot trading to $31.91 per ounce.
Platinum rose by 0.6% to $948.45 per ounce.
Palladium increased by 0.8% to $922.98 per ounce.
— (Petra)
