Gold prices decline as investors await monetary policy decision


https://www.saba.ye/en/news3477516.htm

Yemen News Agency SABA
Gold prices decline as investors await monetary policy decision
[07/ May/2025]
Singapore - Saba:

Gold prices recorded a significant decline today as investors await the monetary policy decision to be issued by the Federal Reserve (the US central bank) later on Wednesday.

Spot gold fell 1.3% to $3,383.88 per ounce, while US gold futures fell about 1% to $3,391.80.

As for other precious metals, spot silver fell 0.7% to $33.01 per ounce, platinum fell 0.1% to $983.60, and palladium fell 0.7% to $967.64.