Gold prices fell more than one percent on Monday after the US dollar rose. Treasury yields settled near multi-month highs as investors focused on potential peace talks between Russia and Ukraine dented gold’s safe-haven appeal.<\/p>\n\n\n\n
Spot gold prices fell 1.2 percent to $1,934.61. US gold futures fell one percent to 1935 dollars.<\/p>\n\n\n\n
The dollar index rose to its highest level in more than a week, making gold more expensive for holders of other currencies.<\/p>\n\n\n\n
The dollar has benefited from its safe-haven status, and the conflict in Ukraine has raised expectations that the US Federal Reserve will raise interest rates.<\/p>\n\n\n\n
US 10-year Treasury yields rose near multi-year highs, helped by expectations of a tightening US Federal Federal Reserve monetary policy.<\/p>\n\n\n\n
As for other precious metals, the price of silver in spot transactions fell 1.7 percent to $ 25.08 an ounce, and platinum fell 0.8 percent to $ 994.19, while the price of palladium settled at $ 2335.17 an ounce.<\/p>\n\n\n\n
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Gold prices fell more than one percent on Monday after the US dollar rose. Treasury yields settled near multi-month highs as investors focused on potential peace talks between Russia and Ukraine dented gold’s safe-haven appeal. Spot gold prices fell 1.2 percent to $1,934.61. US gold futures fell one percent to 1935 dollars. The dollar index …<\/p>\n","protected":false},"author":9,"featured_media":61079,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[6962,6885,8444,8854,8496,6984],"class_list":["post-62786","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-aramco","tag-fed","tag-hawkish-language","tag-russian-invasion-of-ukraine","tag-tightening-monetary-policy","tag-treasury-yields"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=62786"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62786\/revisions"}],"predecessor-version":[{"id":62787,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62786\/revisions\/62787"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61079"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=62786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=62786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=62786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}