Gold Prices Decline Amid Stronger Dollar and Rising Treasury Yields

Abu Dhabi:Spot gold prices fell by 0.3 percent to $4,128.83 per ounce by 04:00 GMT, while US gold futures remained largely unchanged at $4,155.90.

According to Emirates News Agency, the decline in gold prices was influenced by a stronger US dollar and rising Treasury yields.

In addition to gold, other metals experienced price declines. Spot silver decreased by 0.6 percent to $60.69 per ounce. Platinum and palladium both saw a 0.5 percent drop, with prices at $1,712.20 and $1,166.86, respectively.