Dubai: Gold fell on Wednesday to its lowest in more than three weeks. Spot gold was down 0.6 percent at $4,304.01 per ounce by 00:17 GMT, marking its lowest point since August 7th.
According to Emirates News Agency, US gold futures for December delivery saw a decline of 1 percent, falling to $4,350.80. In the broader metals market, price movements were similarly downward. Spot silver experienced a 1 percent drop to $63.60 per ounce. Platinum also edged 1 percent lower, reaching $1,722.23, while palladium saw a 1.4 percent decrease, settling at $1,292.21.