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Gold Prices Fall as Dollar Rises

Economy

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New York, April 21 (QNA) - Gold prices fell on Wednesday, pressured by a stronger dollar and rising bond yields, hitting their lowest level in more than a week.

Spot gold fell 2 percent to $4,724.31 an ounce, while U.S. gold futures for June delivery dropped 1.8 percent to $4,743.50.

As for other precious metals, silver fell 4 percent to $76.63 an ounce, platinum declined 2.6 percent to $2,035, and palladium lost 0.6 percent to $1,538.78. (QNA)

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