Gold declines due to profit taking and the rise of the dollar

Gold fell by more than 2% today, abandoning its highest level in 3 weeks, due to profit-taking and the rise of the dollar in the markets.
This comes as traders await the clarification of the features of the US customs tariff plans, in addition to following the escalation of tensions between Washington and Tehran.
The price of gold in spot transactions fell by 2.1%, reaching $5,119.67 per ounce, and US gold futures contracts for April delivery also fell by 1.7%, to $5,138.30.
As for other precious metals, the price of silver in spot transactions fell by 2% to $86.45 per ounce, after recording its highest level in more than two weeks during the previous session.
Platinum also fell in spot transactions by 1.6% to $2,119.29 per ounce, while palladium lost 1.4% to reach $1,719.29 per ounce.