Gold prices fall on Monday

Gold prices declined on Monday, with spot gold dropping 1.5 percent to $4,793.97 per ounce as of 08:46 GMT, after touching its lowest level in more than a week on Friday.Gold reached a record high of $5,594.82 on Thursday, while US gold futures for February delivery rose 1.6 per cent to $4,818.10 per ounce.Spot silver gained 1.6 per cent to $85.98 an ounce, after reaching a record high of $121.64 on Thursday.Spot platinum fell 2 per cent to $2,120.05 per ounce after reaching a record $2,918.80 on 26th January, while palladium declined 0.9 per cent to $1,682.59 per ounce.WAM

Gold prices fall on Monday
Gold prices declined on Monday, with spot gold dropping 1.5 percent to $4,793.97 per ounce as of 08:46 GMT, after touching its lowest level in more than a week on Friday.Gold reached a record high of $5,594.82 on Thursday, while US gold futures for February delivery rose 1.6 per cent to $4,818.10 per ounce.Spot silver gained 1.6 per cent to $85.98 an ounce, after reaching a record high of $121.64 on Thursday.Spot platinum fell 2 per cent to $2,120.05 per ounce after reaching a record $2,918.80 on 26th January, while palladium declined 0.9 per cent to $1,682.59 per ounce.WAM

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