Gold prices decline
Gold prices fell on Monday as the US dollar and Treasury yields rose, reducing the precious metal’s appeal and increasing the cost of holding it for investors. Spot gold fell by 1.7 percent to $5,082.51 per ounce, while US gold futures for April delivery dropped by 1.4 percent to $5,099.40. Silver prices also fell by…
Gold prices fell on Monday as the US dollar and Treasury yields rose, reducing the precious metal’s appeal and increasing the cost of holding it for investors.
Spot gold fell by 1.7 percent to $5,082.51 per ounce, while US gold futures for April delivery dropped by 1.4 percent to $5,099.40.
Silver prices also fell by 2.2 percent to $82.50 per ounce, platinum dropped by 2.8 percent to $2,076.07, and palladium decreased by 1.2 percent to $1,605.12.
