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In the precious metals market over the past 24 hours, international prices moved lower across key contracts, extending declines seen over the last week and month.
World gold (international) was reported at 6,188 USD/lb. Compared with previous day, it fell from 6,329 to 6,188 USD/lb. Over 7 days ago, it declined from 6,519, and over 30 days ago, it eased from 6,635.
Palladium traded at 1,228.5 USD/oz, down from 1,236 (previous day). It also weakened versus 7 days ago (1,330) and 30 days ago (1,510.5).
Platinum was quoted at 1,651.5 USD/oz, lower than 1,711.1 (previous day). The decline is larger versus 7 days ago (1,889.3) and 30 days ago (2,146.9).
World silver was reported at 62.345 USD/oz. It dropped from 64.885 (previous day), fell from 74.085 (7 days ago), and declined from 87.7 (30 days ago).
News flow over the last 24 hours highlighted that gold prices have been under pressure, with reports citing concerns about higher interest rates and noting a sharp weekly drop. Coverage also referenced Citi lowering its gold outlook to 4,000 USD, alongside multiple updates on domestic gold products and global gold movements.
