Gold futures closed down $10.30 in sluggish trading Monday. We saw the price of gold visibly dragged down by the markets. All major U.S. markets are moving lower at the moment as investors continue to worry about the Omicron strain including the direction of U.S. interest rates.
- Gold futures fell $10.30 to close at $1,794.60 per ounce.
- Silver was down 24.2 cents, or 1.07%, at $22.291 an ounce.
- The platinum contract was down $8.1, or 0.87%, at $926.4 per ounce.
- Palladium fell $38.90, or 2.1%, at $1,745.90 an ounce.
Due to all the macro circumstances, analysts believe that the market will have a low volume. The end of the year is getting closer and closer with the Christmas holidays around the corner.
In Germany, gifts in the form of precious metals are apparently on the rise. When going to the precious metal dealer, buyers of silver or gold coins currently have to wait longer than previously announced. This could be interpreted as a careful sentiment on the part of the population in Germany.
The Omicron strain has now spread to 43 U.S. states and 90 countries around the world.
The Spot Market is Open
Tuesday, December 21, 2021
| Metals Updated at | USD Bid/Ask | Ounce Change | Low/High |
| Gold 08.10 | 1,792.00 1,793.00 | +0.70 0.04% | 1,790.40 1,793.50 |
| Silver 08.10 | 22.20 22.31 | -0.05 -0.25% | 22.17 22.39 |
| Platinum 08.10 | 932.00 942.00 | -3.00 -0.32% | 931.00 946.00 |
| Palladium 08.10 | 1,682.00 1,832.00 | -8.00 0.47% | 1,682.00 1,848.00 |
| Rhodium 06.00 | 12,900.00 14,900.00 | 0.00 0.00% | 12,900.00 14,900.00 |