Gold slips as US dollar and Treasury yields climb
Gold prices edged lower on Monday, pressured by a stronger US dollar and rising Treasury yields, as investors await next week's Federal Reserve meeting.
Key Takeaways
AIGold prices edged down on Monday, pressured by a stronger US dollar and rising US Treasury yields, as investors look ahead to next week's Federal Reserve meeting.
Spot gold fell 0.5% to $1,643.91 per ounce, while US gold futures for December delivery dropped 0.4% to $1,663.30 per ounce.
Meanwhile, spot silver rose 0.4% to $57.24 per ounce, platinum gained 1% to $1,646 per ounce, and palladium increased 0.8% to $1,121.14 per ounce.
