Gold declines by almost 1.5%, silver down by 2.6% - Breaking The News
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Gold declines by almost 1.5%, silver down by 2.6%

EPA-EFE/IGOR KOVALENKO

The prices of precious metals continued to on Monday fall as the global economy kept on reacting to the uncertainty linked to Russia's military intervention in Ukraine.

Stock market indexes in Europe and the United States, oil, and cryptocurrencies all responded to the crisis by trading in the negative territory.

The price of gold declined by 1.47% at 2:58 pm ET to sell for $1,854.75 per ounce. A minute later, silver went down by 2.57% to go for $21.78. At the same moment, platinum declined by 0.60%, selling for $957.65 per ounce. On the other hand, palladium went up by 2.78% at 3:00 pm, going for $2,107.50 per ounce.

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