Gold prices fell on Monday, continuing their downward trend for the third straight session, as the escalating trade tensions initiated by President Donald Trump triggered a significant market downturn, raising concerns about a potential worldwide economic recession, and shifting away investors' appetite for safe-haven assets.
Gold plunged 1.64% at 11:12 am ET, going for $2,986.81 per ounce. At 11:14 am ET, platinum lost 1.22%, selling at $916.21 per ounce, while palladium worsened by 0.11% to $903.52 per ounce. At the same time, silver added 1.27% to $30.00 per ounce.
