SINGAPORE – Spot gold fell 0.3 percent to $4,467.59 per ounce, while US gold futures for June delivery dropped 0.9 percent to $4,471.10.
dollar remained near its highest level in six weeks, while yields on 10-year US Treasury bonds stayed at their highest level in more than a year, increasing the cost of holding non-yielding gold.
In other precious metals markets, silver fell 0.8 percent to $73.22 per ounce in spot trading, platinum declined 0.5 percent to $1,912.67, while palladium rose 0.2 percent to $1,356.32.
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