Institutions: Gold prices fell as investors locked in profits.

Odaily Planet Daily reports that Interactive Investor analyst Victoria Scholar wrote that gold prices fell as investors locked in profits after a strong rally. In New York, gold futures fell about 1.3% to around $4,492 per ounce. Gold prices have rebounded this year, trading at around $2,670 in early January. Meanwhile, Scholar added that potential progress by US President Trump and Ukrainian President Zelensky in ending the conflict with Russia dampened demand for the precious metal. (Golden Ten)