Mubasher: Gold prices ended Tuesday’s session on a decline as pressures mount with the recovery of the US dollar, one day before the Federal Reserve is expected to raise interest rates by 0.25%.
Gold futures for April delivery went down by 0.43% to $1,310.80 per ounce.
The decline in the precious metal prices comes as the US Treasury bond yields is increasing and is expected to further rise.
Source:
Mubasher