Gold slips on stronger dollar

CAPITALS, 1st June, 2026 (WAM) -- Gold prices edged lower on Monday after reaching their highest levels in two weeks.

Spot gold fell 0.4 percent to US$4,518.09 per ounce as of 03:06 GMT, after hitting a two-week high in the previous session. US gold futures for August delivery declined 1 percent to US$4,548.90.

Spot silver rose 0.4 percent to US$75.58 per ounce, platinum gained 1.1 percent to US$1,937.30, and palladium advanced 1.2 percent to US$1,370.50.