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London, May 26 (QNA) – Gold prices fell more than 1 percent on Tuesday, pressured by expectations that US interest rates could rise later this year.
Spot gold declined 1.3 percent to $4,511.23 an ounce.
US gold futures for June delivery also slipped 0.2 percent to $4,513.90 an ounce.
Among other precious metals, spot silver fell 2.3 percent to $76.27 an ounce, platinum lost 1.3 percent to $1,942.56, and palladium declined 1.3 percent to $1,379.54. (QNA)
