Global gold prices fell to their lowest level in two months on Thursday, with spot gold dropping 1.7 percent to $4,380.62 per ounce during early trading. The decline pushed bullion to its weakest level since March 26.
US gold futures for June delivery also declined 1.6 percent to $4,377.10 per ounce.
Other precious metals also recorded losses. Spot silver fell 3 percent to $72.37 per ounce, while platinum slipped 1.4 percent to $1,890.81 per ounce, with both metals touching near one-month lows.
Palladium prices also declined 1.9 percent to $1,364.26 per ounce.
The broader decline in precious metals reflects continued volatility in global commodity markets as investors monitor economic indicators, interest rate expectations, and currency movements affecting demand for safe-haven assets.
