Gold Continues to Decline

Gold prices retreated to extend losses, affected by the rise in the dollar and US Treasury bond yields ahead of the release of US non-farm payrolls data.

And gold fell in spot transactions 0.5% to $ 1750.51 an ounce, while US gold futures fell 0.7 percent to $ 1749.40.

The dollar rose towards its highest levels in 2021, reducing the attractiveness of gold to holders of other currencies, and the yield of the benchmark US 10-year Treasury bond reached its highest level since June.

Spot silver fell 1.1 percent to $22.42 an ounce, platinum fell 1.4 percent to $948.02, and palladium fell 0.9 percent to $1,896.66.