Gold prices fall on Middle East developments

New York, July 10 (QNA) - Gold prices fell today, heading for a weekly decline as tensions escalated in the Middle East.

Spot gold fell 0.4% to $4,103.23 per ounce, bringing its losses since the start of the week to 1.7%.

U.S. gold futures for August delivery lost 0.7% to $4,113.70.

Among other precious metals, spot silver fell 0.7% to $59.56 per ounce, while platinum rose 0.4% to $1,616.72 and palladium gained 2.2% to $1,274.50.