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2024-02-26T05:04:21+00:00
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/ Gold prices fell on Monday, under pressure from the rising dollar, while investors are awaiting more evidence of when the Federal Reserve (the US central bank) will announce its first interest rate cut this year.
Spot gold fell 0.3 percent to $2,030.9 an ounce by 01:00 GMT.
U.S. gold futures fell 0.4 percent to $2,040.6 an ounce.
The dollar index rose 0.1 percent, making bullion priced in dollars more expensive for foreign buyers.
Among other precious metals, platinum fell 0.4 percent to $896.95 an ounce, and palladium fell 0.3 percent to $968.23.
Silver fell 0.4 percent to $22.86 an ounce.