Gold prices ease after two-week high as precious metals show mixed moves
Gold prices edged lower on Monday after reaching their highest level in two weeks.Spot gold fell 0.4 per cent to US4,518.09 per ounce as of 03:06 GMT, after hitting a two-week high in the previous session. US gold futures for August delivery declined 1 per cent to US4,548.90.Meanwhile, other precious metals recorded gains. Spot silver rose 0.4 per cent to US75.58 per ounce, platinum increased 1.1 per cent to US1,937.30, and palladium advanced 1.2 per cent to US1,370.50.
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