Gold Falls to Lowest Levels in More than 2 Weeks

Industry

Singapore, Gold prices fell on Tuesday to their lowest levels in more than two weeks on easing concerns of an escalation in the Middle East crisis. Spot gold was down nearly 1% at $2,304.99 per ounce. US gold futures fell 1.2% to $2,318.80. Among other precious metals, spot silver rose about 0.4 % to $27.31 per ounce, spot platinum increased 0.2% to $919.05, and palladium slumped 0.1% to $1007.58. Source: Qatar News Agency