Gold loses US$5 in spot trading

Gold prices declined during today’s trading, losing about US$5 in spot trading.

As of 10:52 UAE time, the yellow metal fell by 0.27 percent or $5.37 to reach $2024.97 per ounce.

Gold futures for February 2024 declined 0.15 percent or $3.2 to reach $2029.6 per ounce.