On September 25, the price of gold fell, hovering around the one-month low hit last week, easing the dollar’s worries about the Korean peninsula.
Spot gold fell 0.46 percent to $ 1,291.05 an ounce, not far from last week’s nearly one-month low of $ 1,287.61. Gold fell about 1.7% last week, falling for the second consecutive week.
US December gold futures fell 0.22 percent to $ 1,294.70.
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“Meckel won the fourth term and there was little news about North Korea on weekends, and the dollar rose and gold hedge weakened,” said Jeffrey Halley, senior market analyst at OANDA.
The Trump government said Sunday that the United States would ban North Korean citizens from entering the United States as part of a new travel ban.
Other precious metals, spot silver fell 0.5 percent to $ 16.87 an ounce, last week fell more than 3.5 percent, the largest single-week decline since early July.
Spot platinum rose 0.15 percent at $ 931.90 an ounce. Spot palladium rose 0.6% to $ 921.95 an ounce.
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