London - Sana
Gold prices retreated today, with news of an increase in coronavirus cases and uncertainty over the upcoming US stimulus package to support the economy.
According to Reuters, gold fell in immediate transactions 0.2 percent to 1864.39 dollars an ounce, while US gold futures contracts were settled, down 0.6 percent to 1866.30 dollars an ounce.
On a weekly basis, gold has fallen by about 4.4 percent so far, the highest in at least six weeks.
As for the other precious metals, platinum fell 0.1 percent to $ 847.81, while silver fell 0.8 percent to $ 23.02 an ounce, and palladium fell 0.2 percent to $ 2221.20 an ounce.