Gold, Silver Prices Plummet as Dollar Falls
International gold and silver prices fell on Tuesday, following a decline in the US dollar.
On the New York Mercantile Exchange, gold futures for August delivery dropped 0.94% to settle at $4,038.70 per ounce, while silver futures for September delivery declined by 2.01% to close at $57.529 per ounce.
The US dollar's drop was reflected in the dollar index, which measures its value against six major peers and fell to 0.12% at 101.417 at 15:00 (1900 GMT).