Gold prices fall - Economist

Gold prices around the world continued to decline in today's trading, with the continued increase in the US Treasury bond yields, which put pressure on the demand for the yellow metal.

In addition to the above, we find that the world is awaiting the US Federal Reserve meeting later this week when the central bank is expected to raise interest rates again.

And gold prices fell in spot transactions by 0.3% and reached 1890.69 dollars per ounce, and in the same context, gold futures contracts decreased by 1% and reached 1893.40 dollars.