Gold falls to $3,979.41
Gold prices fell to $3,979.41 per ounce after hitting their lowest level in seven months, driven by rising U.S. Treasury bond yields. U.S. gold futures contracts declined by 1.1% to $3,992.70, while the previous session saw gold reach its lowest point since November. Other precious metals also experienced declines, with silver dropping by 1.4% to $57.75, and platinum and palladium also falling, with platinum down to $1,542 and palladium to $1,199.34.
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