Gold prices fall on Monday
- Last updated: February 2, 2026 | 14:23
Picture used for illustrative purposes.
Picture used for illustrative purposes.
Gold prices declined on Monday, with spot gold dropping 1.5 percent to $4,793.97 per ounce as of 08:46 GMT, after touching its lowest level in more than a week on Friday.
Gold reached a record high of $5,594.82 on Thursday, while US gold futures for February delivery rose 1.6 per cent to $4,818.10 per ounce.
Spot silver gained 1.6 per cent to $85.98 an ounce, after reaching a record high of $121.64 on Thursday.
Spot platinum fell 2 per cent to $2,120.05 per ounce after reaching a record $2,918.80 on 26th January, while palladium declined 0.9 per cent to $1,682.59 per ounce.
WAM