Precious metals lose ground on strengthening greenback, US state bonds


Gold prices dropped more than 1% on Monday, weighed by a spike in U.S. Treasury yields and a stronger dollar, and as hopes of progress in Russia-Ukraine peace talks dented demand for the safe-haven metal.

Spot gold was down 1.5% at $1,927.71 per ounce, as of 0933 GMT. U.S. gold futures dropped 1.3%...