emirates7 - Gold prices fell on Monday, as a lack of progress in US–Iran peace negotiations pushed oil prices higher, fuelling concerns that elevated inflation could keep interest rates higher for longer.
Spot gold fell 0.6 percent at $4,684.32 per ounce, as of 0223 GMT. US gold futures for June delivery lost 0.8 percent at $4,692.70.
Spot silver rose 0.7 percent at $80.88 per ounce, platinum slid 0.6 percent to $2,042.71, and palladium was down 0.4 percent at $1,484.99.
Spot gold fell 0.6 percent at $4,684.32 per ounce, as of 0223 GMT. US gold futures for June delivery lost 0.8 percent at $4,692.70.
Spot silver rose 0.7 percent at $80.88 per ounce, platinum slid 0.6 percent to $2,042.71, and palladium was down 0.4 percent at $1,484.99.
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