A strong US dollar and higher US Treasury bond yields have weighed on gold prices. Reuters reported that gold prices fell on Tuesday (October 6). However, the price of gold did not fall significantly as the likelihood of the Federal Reserve raising interest rates this month decreased.
The report said that spot gold prices fell 0.3 percent as of 12:20 pm Bangladesh time, taking it to $4,127.87 per ounce. At the same time, US gold futures were little changed at $4,155.30 per ounce.
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