Kuwaiti newspaper newspaper | Gold falls as bond yields rise

Gold prices fell more than one percent during trading today, with the continued rise in US Treasury yields, which undermines the attractiveness of the non-yielding precious metal, while investors monitor peace talks between Russia and Ukraine.

And gold fell in spot transactions 1.45 percent to $ 1895.50 an ounce, and US gold futures fell 2.4 percent to $ 1893.30 an ounce. Among other precious metals, spot silver fell 3.1 percent to $24.07 an ounce, while palladium fell 5.6 percent to $2108.80, and platinum fell 2.22 percent to $959.00.