Monday, 11 August 2025

Gold prices fall as US-Russia talks awaited

Gold prices fell on Monday as investors awaited talks between the United States and Russia regarding the war in Ukraine and July inflation data, which could provide further clarity on the Federal Reserve’s interest rate decisions.

Spot gold fell 0.6% to $3,378.49 per ounce, after hitting its highest level since July 23 on Friday.

US gold futures for December delivery fell 1.4% to $3,441.20.

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