Gold is Falling as Investors Focus on Next Step For Central Banks

Gold prices fell Monday, November 15, retreating from their highest level in more than 5 months in the previous session, as cautious investors assessed whether rising inflation would trigger a more aggressive response from central banks.

Spot yellow metal prices fell 0.3% to $1858.73 an ounce, while US gold futures fell 0.5% to $1859.30.

As for other precious metals, silver fell in spot transactions 1.3% to $ 24.97 an ounce, and platinum fell 1.2% to $ 1069.54 an ounce, and palladium also fell by 1.2% to $ 2084.50 an ounce.