Dubai –Masaader News
Gold prices fell on Monday as the dollar recovered and geopolitical concerns eased, according to a report published by Mubasher.
The metal futures contract for June delivery fell by 0.4% to $ 1318.2 an ounce, and the spot delivery price of precious metal fell to $ 1317.8 an ounce, by 0.5%.
The dollar’s main index rose 0.1% to $ 91.648, as US Treasury yields rose.
Gold prices were also affected by an ease in geopolitical concerns after the historic summit between the presidents of the two Koreas.