Gold Prices Fall As Geopolitical Concerns Eased

Dubai – Massaader News

Gold prices fell on Monday, and the metal futures contracts for August delivery fell by $ 7 to $ 1302.2 an ounce, as geopolitical concerns eased, according to a report published by Mubasher.

The spot delivery price of the yellow metal dropped at $ 1279.3 an ounce by 0.4%

Gold prices were affected by Trump’s announcement to cancel the summit with North Korea, which was widely seen as helping to calm North Korea’s nuclear activity, according to Mubasher.