Gold Prices Fall 0.5%
UrduPoint | Pakistan Today | September 14, 2026
CAPITALS, (UrduPoint / Pakistan Point News / WAM – 14th Sep, 2026)
Gold prices eased on Monday as a surge in oil prices stoked inflation concerns, boosting expectations that the US Federal Reserve may raise interest rates at its policy meeting this week.
Spot gold was down 0.5 percent at $4,327.09 per ounce by 05:28 GMT after posting a third consecutive weekly decline on Friday.
Among other metals:
- Silver slid 1 percent to $63.80 per ounce.
- Platinum dipped 0.2 percent to $1,792.59.
- Palladium fell 0.4 percent to $1,293.86.