[Sat, 07 Sep 2024 19:55:14 +0300]

LONDON September 07. 2024 (Saba) - Gold prices have fallen at settlement, after approaching an all-time high earlier in the session after US jobs data raised doubts about the scope of the expected rate cut during the US Federal Reserve meeting in September.

According to media reports on Saturday, gold fell in spot transactions 0.8 percent to $ 2,495.86 an ounce by 1759 GMT after recording the highest level since August 20, when it last hit a record peak.

U.S. gold futures fell 0.7 percent to settle at $2,524.60, with a weekly decline of 0.12 percent.

Among other precious metals, spot silver fell 3.1 percent to $27.92 an ounce, platinum fell 0.4 percent to $920.55 and palladium slipped 3.1 percent to $913.

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