Gold and silver prices fall as the dollar rises

Gold fell by more than two percent today, with liquidity continuing to be weak in major markets due to the holidays, at a time when the rise of the dollar and the decline of geopolitical tensions also put pressure on prices.
US gold futures for April delivery fell 2.6 percent to $4,917.70 an ounce. The dollar index rose 0.2 percent against a basket of currencies, making the gold priced in it more expensive for holders of other currencies.
As for other precious metals, silver fell 5% in spot transactions to reach $72.66 per ounce.
Platinum fell in spot transactions by 2 percent to $2,000.27 an ounce, while palladium fell 2.4 percent to $1,682.23.