Gold prices fell on Wednesday, weighed down by a stronger US dollar and rising Treasury yields.Spot gold slipped 0.3 percent
Gold prices fell on Wednesday, weighed down by a stronger US dollar and rising Treasury yields.Spot gold slipped 0.3 percent

Gold prices fell on Wednesday, weighed down by a stronger US dollar and rising Treasury yields.

Spot gold slipped 0.3 percent to 4,467.59 dollars an ounce. US gold futures for June delivery dropped 0.9 percent to 4,471.10 dollars.

The dollar held near a six week high, while benchmark 10 year US Treasury yields stayed at their strongest levels in more than a year.

Elsewhere in precious metals, silver fell 0.8 percent to 73.22 dollars an ounce, platinum slipped 0.5 percent to 1,912.67 dollars, while palladium edged up 0.2 percent to 1,356.32 dollars.