Market attention has shifted to key central bank meetings around the world this week. Coupled with slow diplomatic progress in ending the Iran war and concerns that oil prices and inflation may remain elevated, gold prices retreated on Monday.Spot gold last fell USD32, or 0.7%, to USD4,678 per ounce. Gold futures for June delivery last declined USD52, or 1.1%, to USD4,689 per ounce.Related NewsAPI Crude Oil Stock Change for May/08 in the United States is -2.188M, higher than the previous value of -8.100M. The forecast was -1.65M.Silver futures for May delivery dropped 1.7% to USD75.1 per ounce.Copper futures for May delivery edged down 0.2% to USD6 per pound.Platinum futures for July delivery fell 1.5% to USD2,000 per ounce.Related NewsRetail Sales YoY for Apr in the United States is 4.9%, higher than the previous value of 4.2%.Palladium futures for June delivery declined 1.6% to USD1,487 per ounce. (me/s)
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