Gold prices fall amid tensions in the Gulf and the uncertainty of trade talks
Economy News - Baghdad
Gold prices fell slightly on Monday, as investors looked for more clarity on US-China trade talks, while rising Middle East tensions offered some support.
At 0546 GMT, spot gold was down 0.2 percent at $ 1514.44 an ounce, but remained close to its highest level in more than a week of $ 1,516.81 hit on Friday.
US gold futures rose 0.5 percent to $ 1,521.90 an ounce.
Palladium rose nearly 1 percent to $ 1656.77 an ounce, after hitting a record high of $ 1659.27 earlier in the session.
Silver rose 1.6 percent to $ 18.26 an ounce, and platinum rose about 1 percent to $ 953.70 an ounce.