Gold, other precious metals prices decline
11:36, 28 September 2026
Gold prices fell more than 2 percent on Monday as a rise in oil prices heightened inflation concerns and reinforced expectations of further Federal Reserve interest-rate hikes, WAM reports.
Spot gold was down 2.1 percent at $4,198.10 per ounce, as of 03:57 GMT. US gold futures fell 2.1 percent to $4,231.00.
Among other metals, spot silver fell 3.4 percent to $62.08 per ounce, platinum was down 2.7 percent at $1,730.78 and palladium lost 2.8 percent to $1,231.46.
It was reported on September 11, spot gold was traded at $4,318.88/oz (00:20 GMT), after touching its lowest since September 2.