Gold prices are falling moderately on Monday morning, mainly after news of the approaching start of the COVID-19 vaccination led to a decrease in demand for more reliable assets, Prime reported.

The price of the February gold futures contract on the NYMEX fell 0.31%, or $ 5.7, to $ 1,837.85 per troy ounce. Silver futures for March fell 0.33% to $ 24.015 an ounce.