Gold Falls below $ 1800
Gold
Gold Falls below $ 1800
Gold is down 1.7% today, reaching its lowest level in more than a week, with the US dollar recovering from its lowest level in three weeks in addition to the rise in the US Treasury bond yield to its highest level since February 2020. Spot gold fell by 1.2% to $ 1796.50 an ounce after falling to its lowest level since February 4 during the session, and US gold futures fell 1.3% to $ 1799.00 an ounce. As for the other precious metals, silver fell by 1.1% to $ 27.29 an ounce, while palladium rose 0.1% to $ 2,391.33, after rising earlier in the session to $ 2,424.26, its highest level in a month.