A decrease in the price of gold and other precious metals has been recorded in world markets.
According to news provided by “Elchi”, citing market data, the price of gold’s April futures on the COMEX exchange decreased by 0.91% to 5,111.90 US dollars.
Meanwhile, in the spot market, the price of gold decreased by 1.12% to 5,113.83 US dollars.
A decrease was also observed in other precious metals. Specifically, the price of silver decreased by 0.75% to 83.65 dollars, the price of copper decreased by 0.87% to 575.65 dollars, and platinum decreased by 0.61% to 2,138.80 dollars.
Analysts explain the decrease in prices as one of the main reasons being investors’ profit realization and increased interest in risk assets against the backdrop of a strengthening dollar. At the same time, the uncertainty arising in the markets due to tensions in the Middle East has also increased volatility in precious metals trading.