Gold prices decline with the possibility of a US interest rate cut

Goldin spot transactions (0.2%) to ($4157.29) an ounce by 1601 GMT, and US gold futures for December delivery fell by (0.2%) to ($4154.30) an ounce.

As for other precious metals, silver fell in spot transactions (0.3%) to ($53.17) an ounce, and rose Platinum rose one percent to ($1,604.72), and palladium rose (0.5%) to ($1,430.40).

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