Gold and silver prices decline on commodity markets

Gold and silver prices fell on global commodity markets as a stronger U.S. dollar and easing demand for safe-haven assets weighed on precious metals.

Spot gold traded below the $4,200 per ounce level, while silver prices also moved lower during trading.

Analysts attributed the decline to easing geopolitical tensions in the Middle East and expectations regarding future U.S. Federal Reserve policy.

Investors continue to monitor economic data and interest rate developments that could influence demand for precious metals.

N.Tebrizli