Comex gold futures were down around $6.00, or 0.5%, to $1,334.40 a troy ounce by 3:10AM ET (0810GMT). It fell to a one-week low of $1,332.80 in overnight trade.
Meanwhile, silver futures shed 6.2 cents, or 0.4%, to $17.06 a troy ounce, after tumbling 31.4 cents, or 1.8%, a day earlier.
Gold futures lost 0.9% on Monday as the dollar extended its rebound from a three-year nadir and benchmark Treasury yields cleared their highest level since April 2014.
The dollar continued higher, rising almost 0.3% against a basket of six major currencies to 89.44 in early trade, having pulled up from a low of around 88.25 set last week, its weakest level since December 2014.
In other metals action, palladium prices slumped 1% to $1,072.15 an ounce.
Sister metal platinum meanwhile dropped 1.6% at $996.40 an ounce. March copper shed 0.9% to $3.166 a pound.
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Meanwhile, silver futures shed 6.2 cents, or 0.4%, to $17.06 a troy ounce, after tumbling 31.4 cents, or 1.8%, a day earlier.
Gold futures lost 0.9% on Monday as the dollar extended its rebound from a three-year nadir and benchmark Treasury yields cleared their highest level since April 2014.
The dollar continued higher, rising almost 0.3% against a basket of six major currencies to 89.44 in early trade, having pulled up from a low of around 88.25 set last week, its weakest level since December 2014.
In other metals action, palladium prices slumped 1% to $1,072.15 an ounce.
Sister metal platinum meanwhile dropped 1.6% at $996.40 an ounce. March copper shed 0.9% to $3.166 a pound.
For More Information Whatsapp@ +91-9981999934 or Visit Here@ http://sapforex24.com/
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