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Gold slips on stronger dollar

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Mohammad Ali (@ChaudhryMAli88) Published June 01, 2026 | 10:45 AM

Gold slips on stronger dollar

CAPITALS, (UrduPoint / Pakistan Point News / WAM - 01st Jun, 2026) Gold prices edged lower on Monday after reaching their highest levels in two weeks.

Spot gold fell 0.4 percent to US$4,518.09 per ounce as of 03:06 GMT, after hitting a two-week high in the previous session.

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US gold futures for August delivery declined 1 percent to US$4,548.90.

Spot silver rose 0.4 percent to US$75.58 per ounce, platinum gained 1.1 percent to US$1,937.30, and palladium advanced 1.2 percent to US$1,370.50.

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