Gold prices fall on easing geopolitical tensions

Business Thursday 22/January/2026 16:12 PM
By: ONA
Gold prices fall on easing geopolitical tensions

Singapore: Gold prices fell on Thursday as geopolitical tensions eased and the dollar strengthened, reducing demand for safe-haven assets.

Spot gold slipped 0.8% to $4,799.79 per ounce, after hitting a record high of $4,887.82 in the previous session.

US gold futures for February delivery also declined 0.6% to $4,806.60 per ounce.

As for other precious metals, Spot silver fell 0.9% to $92.38 per ounce, platinum dropped 2.7% to $2,415.60 per ounce, and palladium slipped 1% to $1,821.50, after reaching a one-week high in the previous session.