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Gold prices fell 0.2% to $5,317 per ounce

Rusmet
March 3, 2026 at 03:00 PM

Global precious metals markets recorded a decline in prices on Tuesday. The price of gold fell by 0.2% to $5,317 per troy ounce. Platinum demonstrated a more significant drop, decreasing by 4% to $2,215 per ounce. According to the text, this price trend is impacting Russian gold producers through global trading platforms such as the LBMA (London Bullion Market Association), COMEX (a division of CME Group), and the SGE (Shanghai Gold Exchange). This indicates a direct link between global price quotes and the financial performance of Russian mining companies.