Gold Drops 1% as Markets Assess Middle East De-escalation Signs
Singapore, March 26 (QNA) - Gold prices fell on Thursday after a two-session rally, as investors awaited clearer signs of progress in efforts to reduce tensions in the Middle East, with caution still prevailing in the markets.
Spot gold fell 1% to $4,476.51 per ounce, while US gold futures for April delivery lost 2.1% to $4,457.
Spot silver fell 1.9% to $69.90 per ounce. Spot platinum was down 1.4% at $1,893.60, while palladium dropped 2% to $1,394.83. (QNA)
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