Gold prices fell on Monday but remained near a more than one-month high hit in the previous session after weak U.S. data boosted the chances of the Federal Reserve cutting interest rates in September.
Spot gold was down 0.2 percent at $2,386.58 an ounce by 0022 GMT, after hitting its highest since May 22 on Friday. Gold futures were down 0.2 percent at $2,393.80 an ounce.
As for other precious metals, silver fell in spot transactions by 0.2 percent to $31.15 per ounce, platinum fell by 0.3 percent to $1,024 per ounce, and palladium fell by 0.8 percent to $1,017.78 per ounce.
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