US gold futures fell toward $920 an ounce Monday, losing nearly 2 percent as tumbling crude oil prices decreased funds buying bullion as a hedge, triggering broad-based weakness across the commodities sector. August settled down $15.20, or 1.6 percent, at $921 an ounce on the COMEX division of the New York Mercantile Exchange. Ranging from $935.60 to $918.30.
GOLD: Heavy selling seen in August futures due to sharp decline in crude oil and a stronger US dollar - traders. COMEX estimated final volume at 87,810 lots. Spot gold traded at $922.20 at 3:25 pm EDT (2025 GMT), down 1.2 percent from its previous session.
SILVER: July finished down 49.5 cents, or 3.5 percent, at $13.705 an ounce, as the volatile metal tracked gold's decline. Ranging $14.190 to $13.680. COMEX estimated final volume at 40,241 lots. Spot silver was at $13.74 an ounce, down 3.2 percent from its previous finish.
PLATINUM: July ended down $42.10, or 3.5 percent, at $1,169.10 an ounce, taking its lead from gold and crude oil. Spot platinum at $1,159.50 an ounce, down 3.7 percent from its previous session.
PALLADIUM: September closed down $12.25, or 5 percent, at $233.90 an ounce, tacking platinum's losses, as the market looked for signs of recovery of the US auto industry. Spot palladium was at $231.50 an ounce, down 5.1 percent from its previous finish.