Gold prices fall again

News Agencies

Global gold prices fell on ⁠Monday, weighed down by waning hopes of near-term US interest-rate cuts due to elevated energy prices, while a softer dollar helped limit losses.

Spot gold ‌was down 0.2 per cent at $5,007.58 per ounce, as of 0240 GMT. US gold futures for April delivery fell ‌1 per cent to $5,011.10.

Spot silver fell 1.2 per cent to $79.57 per ounce. Spot platinum gained 0.8 per cent ​to $2,042.98 and palladium rose 1 per cent to $1,566.91.

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