Low gold prices – the economic – the global economy

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Gold prices fell on Monday, as investors preferred alternative safe-haven assets such as the US dollar and bonds.

Gold fell in the spot market 0.5 percent to $ 1736.71 an ounce, and it had lost 0.7 percent earlier in the session.

And gold fell in futures trading in the United States 0.2 percent to 1738.80 dollars an ounce.

Dollar-denominated gold also lost safe haven flows in favor of the yen and bonds.

In terms of other precious metals, palladium rose 0.2% to $ 2,639.92, silver fell 2.5% to $ 25.60, and platinum also lost 1.3% to $ 1181.30.

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