[size=36]Gold prices fall as the dollar index rises in the global market[/size]
[You must be registered and logged in to see this link.]
Global gold prices fell on Monday, with the dollar index rising, while US Treasury yields remained steady near multi-month highs, with the investor focused on peace talks between Russia and Ukraine this week.
Spot gold was down 0.7% at $1,943.72 an ounce, as of 04:26 GMT, and US gold futures were down 0.5% at $1,943.50.
The dollar index strengthened to its highest level in more than one week, making gold more expensive for other currency holders.
The dollar has benefited from its safe haven status and the conflict in Ukraine has prompted expectations of the US Federal Reserve to raise interest rates, bolstered by expectations of monetary policy tightening by the US.
As for other metals, spot silver fell 1.5% to $25.13 an ounce and platinum fell 0.7% to $995.03, while palladium fell 1% to $2,359.72. Ended 29 / 92