Home / Economy / Gold Retreats From Three-Month High
UAE Barq Campaign

Gold Retreats From Three-Month High

Gold prices retreated on Tuesday after hitting their highest ‌levels in more than three months earlier in the day, while investor focus shifted to upcoming US inflation data and a speech later this week by Federal Reserve Chair Kevin Warsh.

Spot gold ​was down 0.2 percent at $4,640.39 per ounce, as of 0334 GMT. US gold ​futures steadied at $4,696.00.

Among other ​metals, spot silver fell 1.3 percent to $68.01 per ounce, platinum lost 1.2 percent to $1,853.85 and palladium slipped nearly 1 percent to $1,345.26.

UAE Barq Campaign2

Check Also

UAE Federal Public Prosecution participates in 18th GCC Attorneys General Meeting

The UAE Federal Public Prosecution participated in the 18th Meeting of GCC Attorneys General, held …