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Gold price declined
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The exchange price of gold decreased by $18 compared to the previous close.
As reported by BAKU.WS, this follows from trading data.
Thus, the price of the June gold futures on the New York Comex exchange was $4,543.9 per troy ounce. The indicator earlier during trading fell below the $4,500 level for the first time since March 30.
The July silver futures meanwhile declined by 2.06% to $75.95 per ounce.
At the same time, the yield on ten-year U.S. Treasury bonds (US Treasuries) rose to 4.621% from 4.599% at the previous close.
U.S. government bonds are a safe-haven asset alternative to gold, and an increase in their yield can contribute to a decline in the price of gold.
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