Gold prices fall amid stronger dollar and rising Treasury yields
- 1The US Dollar Index rose 0.1% to 102.27.
- 2Spot gold prices fell 0.5% to $4,120.16 per ounce.
- 3Gold futures closed down 0.2% at $4,146.80.
So what's the key point?
Gold prices dropped as the value of the US dollar rose by 0.1%. As the dollar strengthened, the price for buying and selling gold decreased.
Source Reuters +1 · View original ↗
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