Spot gold falls nearly 1% to $4,605.68 amid broader market declines

International spot gold fell nearly 1% during Aug. 25 trading to $4,605.68 an ounce, according to a report attributed to Minseung Kang and citing Walter Bloomberg. The decline followed a recent uptrend and appeared to reflect profit-taking. Separately, the latest Gate data put gold’s daily decline at 0.81% to $4,614.84 an ounce and silver’s at 1.08% to $67.615. The dollar slipped 0.03% against the offshore yuan to 6.71905 but rose 0.11% against the yen to 159.195. European markets were mixed, while WTI crude fell 2.99% to $83.16 a barrel and Brent crude declined 2.69% to $89.93.

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