Gold fell on Monday as investors booked profits after prices hit a one-month high last week, while worries over a coronavirus-driven steeper global economic downturn and the U.S. Federal Reserve’s stimulus measures limited bullion’s losses.

Spot gold slipped 0.4% to $1,682.65 per ounce by 05:22 GMT, having risen to its highest since March 9 on Friday. U.S. gold futures fell 1.1% to $1,732.90.

Palladium rose 3.4% to $2,245.48 per ounce, while platinum slipped 0.9% to $741.60 and silver fell 0.5% to $15.24.