Gold prices fell as much as 4.4% to their lowest level in four months earlier. Gold futures fell 1.19% to $1,742.10, fitting $1,684.37.
A strong U.S. jobs report has led investors to fear the Fed will raise interest rates and begin cutting assets faster than expected, with investors awaiting more data, including the core consumer price index (Core CPI).
In Asia, China released its consumer price index, up 1% year-on-year and 0.3% month-on-month, while the Producer Price Index (PPI) rose 9% in July.
At the same time, gold prices in India are starting to improve. It reversed last week for the first time in a month, but trading was still sluggish.
Other precious metals:
Silver fell 2.6% at $23.70 after falling 7.5 % an eight-month low of $22.50 an ounce
Platnum fell 1.5%.
Palladium increased by 0.2%.
Source: https://www.investing.com/news/
The Spot Market is Open
Tue 10 Aug- 2021
| Metals Updated at | USD Bid/Ask | Ounce Change | Low/High |
| Gold 07.00 | 1,732.00 1,733.00 | +2,40 0.14% | 1,728.60 1,733.90 |
| Silver 07.00 | 23.45 23.56 | +0.03 0.13% | 23.42 23.59 |
| Platinum 07.00 | 977.00 987.00 | +2.00 0.21% | 972.00 986.00 |
| Palladium 07.00 | 2,538.00 2,688.00 | +1.00 0.04% | 2,534.00 2,692.00 |
| Rhodium 05.00 | 18,200.00 20,200.00 | 0.00 0.00% | 18,200.00 20,200.00 |
| Energy Updated at | Price | Change | %Change |
| Crude oil 07.00 | 66.86 | +0.38 | 0.57% |