Gold fell due to lower demand, as concerns about banking ‎crisis receded

Gold prices fell today, with an increase in the demand for high-risk assets, following the receding of fears of an expansion of the global banking crisis.

Gold in the spot market decreased by 0.6 percent, to reach $1961.80 an ounce by 07:49 GMT, while US gold futures fell by 0.5 percent, recording $ 1963.10.

Silver lost 0.5 percent, to $23.15 an ounce, while platinum declined by 0.1 percent, to record $962.05, and palladium declined by 0.3 percent, to record $1,414.64.