Gold Prices Drop on Firmer Dollar

Charissa Swanepoel
1 Min Read

World Capitals: SiltaNews – News Desk

Gold prices edged lower on Wednesday, pressured by high US Treasury yields and a firm dollar. Spot gold fell 0.4% to US$4,464.64 per ounce as of 04:39 GMT, after touching its lowest level since 30th March.

US gold futures for June delivery declined 1% to US$4,466.40. Spot silver fell 0.3% to US$73.59 per ounce, platinum slipped 0.3% to US$1,917.18, while palladium rose 0.7% to US$1,366.35.

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