Gold prices fell more than 2% today, retreating from their highest level in two weeks. Spot gold dropped 2.1% to $4,041.59 per ounce after rising to $4,165.87 in the previous session, which was the highest level since July 7. U.S. gold futures for August delivery fell 2.6% to $4,043.50. Among other precious metals, spot silver fell 4.3% to $57.15 per ounce, platinum dropped 3.1% to $1,593.17, and palladium declined 2.8% to $1,255.