Precious metals prices declined in global markets on Wednesday, with spot gold falling 0.6% to $4,304.01 per ounce, while U.S. gold futures for December delivery dropped 1% to $4,350.80 per ounce.
Other precious metals also recorded losses. Spot silver fell 1% to $63.60 per ounce, platinum declined 1% to $1,722.23 per ounce, and palladium slipped 1.4% to $1,292.21 per ounce.
The decline comes as investors continue to monitor developments in financial markets, currency movements, and bond yields, all of which remain key factors influencing precious metal prices.
