NEW YORK: Gold prices declined in the global bullion market on Thursday, pushing the metal’s per-ounce price below the $4,000 mark.
Spot gold fell by 0.2% to $3,977.99 per ounce in the international market. During the trading session, prices also touched their lowest level since November 4.
Meanwhile, US gold futures for December delivery dropped by 0.4%, bringing the price to $3,983.20 per ounce.
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In the broader precious metals market, palladium moved higher. Spot palladium gained 0.5% on Wednesday to reach $1,032.63 per ounce. During the session, its price had also touched its highest level since October 22.
