At the start of the week, the price of gold fell under the pressure of a rising US dollar.

Spot gold was down 0.2% at $2,032.3 per ounce, as of 04:05 GMT. US gold futures fell by 0.4% to $2,041.5 per ounce. For Tim Waterer, chief market analyst at KCM Trade, “Gold showed a slight easing to start the new week, mainly due to the rising dollar. However, geopolitical concerns have not subsided, keeping the metal in the crosshairs of investors as a safe haven.

Spot platinum fell by 0.9% to $892.08 per ounce and palladium fell by 0.9% to $962.50. Silver lost 0.5 percent to $22.79 per ounce