Gold, copper prices extend decline amid tariff aftershock

Gold extended its loss on Monday as the global markets sell-off continued, with the precious metal falling below the $3,000-an-ounce mark after setting that milestone three weeks ago.

Spot gold swung between $2,973.74 and 3,054.85 per ounce in what was a volatile session, and by 11:00 a.m. ET, it traded at $3,001.14 for a 1.2% intraday decline. Three-month US gold futures moved in a similar pattern and are trading at $3,020.10 per ounce.

Gold’s retreat comes just days after...