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    • Gold Prices Fall as Dollar Strengthens

    By on January 22, 2026
    Gold
    Gold

    Precious Metals Decline Amid Stronger Dollar

    Singapore:  Gold prices declined today as easing geopolitical tensions and a stronger US dollar reduced demand for safe-haven assets.

    Spot gold fell by 0.8 percent to $4,799.79 per ounce, after having reached a record high of $4,887.82 in the previous session. US gold futures for February delivery also slipped 0.6 percent to $4,806.60 per ounce.

    Other precious metals followed a downward trend. Spot silver dropped 0.9 percent to $92.38 per ounce, platinum declined 2.7 percent to $2,415.60 per ounce, while palladium fell 1 percent to $1,821.50 per ounce, after touching a one-week high in the previous session.

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