Gold Plunges to Lowest Level Since April

Gold prices finished lower on Tuesday, as the U.S Dollar (USD) and Treasury bond yields rebounded from recent declines.

However, the yellow metal was able to recover from session lows but still closed at its lowest level since April 14.

Front Month Gold futures for July delivery lost $17, or 0.96%, to close at $1,762.80 per ounce.

This marked the biggest loss for gold futures in about two weeks, since June 17.