Doha: Gold prices declined Monday after hitting a three-week high, amid awaited developments in trade negotiations between the United States and the European Union (EU). Spot gold fell 0.1 percent to $3,350.97 per ounce. US gold futures settled down 0.1 percent at $3,359.1.

According to Qatar News Agency, spot silver was little changed at $38.36 per ounce, after touching its highest level since September 2011 earlier in the session. Among other precious metals, platinum fell 1.5 percent to $1,378.86. Palladium fell 1.9 percent to $1,192.56, after hitting its highest level in more than eight months earlier in the session.