Gold Dips Near Two Week Low – 21 April, 2022
Gold fell to a nearly two week low as U.S. bond yields surged, curbing the appeal of the precious metal, though it is still being supported by safe haven demand as Russia continues to attack Ukraine. Spot gold was down 0.3% to $1,951.60 per ounce after falling as much as 1.1% earlier. Bullion for June delivery slipped 0.4% to settle at $1,948.20.