Istanbul: Gold prices declined Wednesday after reaching their highest level in a month, as investors awaited developments in the talks between the US and Iran and what this might mean for interest rate expectations. Spot gold fell 0.7 percent to $4,807.34 per ounce, after hitting its highest level since March 18 earlier in the session. US gold futures also declined 0.4 percent to $4,830.60.

According to Qatar News Agency, as for other precious metals, spot silver was steady at $79.58 per ounce, while platinum rose 0.2 percent to $2,108.79, but palladium fell 1.2 percent to $1,568.15.