By 2:59 a.m. GMT, the decline slowed down, with gold trading at $4,472.4 per troy ounce

Gold steadies around $4,600 per ounce as investors evaluate US interest rate prospects, marking its largest monthly gain since 1999.

Spot gold fell nearly 2% to $4,509 per ounce as a stronger US dollar and profit-taking extend the metal's retreat from 2026 highs above $5,000.