Taiz:Gold prices experienced a decline on Tuesday, following a significant surge of over 2 percent in the previous session.

According to Wam, spot gold decreased by 0.5 percent, reaching $3,926.52 per ounce by 0353 GMT. This follows a rise to $3,954.41 per ounce in the prior session, which marked a rebound from a one-year low encountered on Friday.

US gold futures for December delivery also saw a drop, falling 0.8 percent to $3,936.30. In the broader precious metals market, spot silver decreased by 1.8 percent to $49.71 per ounce. Additionally, platinum experienced a slight decline of 0.2 percent to $1,446.80, while palladium fell by 1.4 percent to $953.64.