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Gold Falls as Dollar, Treasury Yields RiseSingapore, 5 Mar (ONA) — Gold declined today, pressured by
a firmer US dollar and Treasury yields, while markets continued to
track possible impacts of US President Donald Trump’s fresh tariffs.
Spot gold fell 0.2% to $2,912.09 an ounce after rising nearly 1% yesterday, while US gold futures firmed 0.1% to $2,922.70.
The US dollar firmed, making bullion more expensive for overseas
buyers. The benchmark 10-year Treasury yields gained, diminishing
non-yielding gold’s appeal.
Spot silver firmed 0.1% to $32.00/oz, platinum held steady at
$960.25, and palladium rose 0.8% to $949.05.— Ends/Khalid