Gold: Gold prices fell on Monday for a second consecutive session as investors awaited US economic data and comments from Federal Reserve officials this week for more clarity on the future direction of US interest rates. Spot gold dropped 0.5% to $2,671.49 per ounce. US gold futures fell 0.6% to $2,678.50. According to Qatar News Agency, alongside gold, spot silver also experienced a decline, dropping 0.4% to $31.16 per ounce. In contrast, platinum rose 0.6% to $973.99, and palladium climbed 0.9% to $997.41. These fluctuations in precious metal prices come amid anticipation of upcoming US economic indicators that could potentially influence Federal Reserve policy decisions. Investors are keenly observing these developments for insights into future interest rate adjustments.
