Gold Prices Fall From a one-week High

Gold prices retreated from a one-week high in weak trading on Tuesday after easing concerns about the mutated Omicron strain of the coronavirus and strong US retail sales data boosted risk appetite.

And the price of gold in spot transactions 0.1 percent to 1809.68 dollars an ounce (an ounce) by 0457 GMT, after reaching its highest level since December 17 on Monday. US gold futures rose 0.1 percent to $ 1810.90.

For other precious metals, silver fell in spot transactions 0.2 percent to $ 22.99 an ounce, and platinum fell 0.2 percent to $ 968.14.

And palladium fell 0.9 percent to 1952.05 dollars an ounce.