Gold Extends Losses on US Interest Rate-Hike Fears
Singapore, June 08 (QNA) - Gold prices extended losses on Monday on rising fears of a US rate hike after a strong jobs report.
Spot goldآ fell 0.4% to $4,313.11 per ounce.
Prices fell about 3% on Friday, hitting the lowest since March 24.
US gold futuresآ for August delivery were down 0.7% at $4,336.30.
Spot silverآ fell 0.4% to $67.56 per ounce, platinumآ lost 0.5% to $1,767.15, while palladium was steady at $1,225.66. (QNA)
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