Thursday, 1 May 2025

Gold falls on rising US Treasury yields, stronger dollar

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Gold prices fell on Wednesday, pressured by rising US Treasury yields and a stronger dollar after data suggested the Federal Reserve may slow the pace of interest rate cuts this year.

Spot gold fell 0.1% to $2,648.16 an ounce.

U.S. gold futures fell 0.1% to $2,662.30.

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