Gold Falls 0.3% from Monthly Peak Amid Dollar Rebound
Singapore: Gold prices edged lower today after touching a one-month high earlier in the session, as the US dollar regained strength and expectations of renewed US-Iran talks supported risk appetite.
Spot gold fell 0.3 percent to $4,828.07 per ounce after reaching its highest level since 18 March. US gold futures for June delivery remained stable at $4,851.30.
Despite the slight decline, gold is up 1.6 percent for the week, supported by optimism over possible diplomatic developments between Washington and Tehran.
Among other precious metals, spot silver rose 0.8 percent to $80.15 per ounce, platinum increased by 1.1 percent to $2,126.14, while palladium slipped 0.1 percent to $1,585.60.
more recommended stories
Muscat Stock Exchange Records RO 1.05 Billion Trading Value in MayMuscat Stock Exchange Maintains Trading Above.
Bank Stocks Lift Financial Index on Muscat Stock ExchangeBanking Stocks Boost Financial Sector Index.
Oman Crude Oil Price Falls $4 to $90.89 Per BarrelOman Crude Oil Price Falls to.
SpaceX Continues Starlink Expansion with New Satellite LaunchSpaceX Launches 24 Starlink Satellites into.
UN Report Highlights Growing Risks of Antimicrobial Resistance in LivestockFAO Warns of Growing Threat of.
European Air Travel Declines in April, Says ACI EuropeEuropean Airport Passenger Traffic Declines for.
Gold Prices Rise as Dollar Weakens and Oil Prices DeclineGold Prices Rise on Weaker Dollar.
US Dollar Holds Near Two-Month High Against Major CurrenciesDollar Holds Near Two-Month High Singapore: The.
Oman Oil Price Drops 2.04 US DollarsOman Crude Oil Price Falls to.
Nikkei Hits Record High Above 68,000 as Technology Shares SurgeNikkei Closes Above 68,000 for First.

