Gold Prices Continue to Fall

Amidst the ongoing market turbulence, gold prices have seen a significant decline. The worsening trade crisis and recent threats by US President Donald Trump against China's retaliatory tariffs have contributed to this downturn.

Market Reactions

By 1:36 pm ET, gold had decreased by 2.50%, selling for $2,962.06 per ounce. Silver, however, saw a slight increase of 0.19% to $19.70 per ounce. Platinum and palladium also experienced drops, with platinum losing 1.67% to $912.09 and palladium decreasing by 1.06% to $895.02 an ounce.