Urgent | More than 4%… Gold prices declined due to worsening selling operations

Retracted Gold prices at settlement on Monday, following the exacerbation of the sharp selling operations witnessed in the markets last week.
The price of Gold futures contracts, their price fell by 1.6% to reach $4,666 at settlement.

American gold futures contracts for February delivery fell 0.14% to $4,739.60 per ounce.

Precious metal prices

As for other precious metals, silver fell in spot transactions by about 10% to $75.5 per ounce, After it had reached a record level of $121.64 per ounce last Thursday.
On the other hand, platinum in spot transactions fell 2% to $2,120.05 per ounce, after reaching an unprecedented high level of $2,918.80 per ounce on January 26.
While palladium fell 0.9% to $1,682.59 per ounce.

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