Bears keep hold on bullion, silver, platinum on the rise

05.05.2022

Gold prices fell on Wednesday, as higher U.S. Treasury yields and a looming interest rate hike announcement by the Federal Reserve dented demand for zero-yield bullion.

Spot gold was down 0.2% at $1,864.61 per ounce as of 0438 GMT. U.S. gold futures fell 0.4% to $1,863.50.

Benchmark U.S. 10-year Treasury yields firmed...