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Gold prices drop on firmer dollar

Gold prices drop on firmer dollar
20 May 2026 10:34

WORLD CAPITALS (WAM)

Gold prices edged lower on Wednesday, pressured by high US Treasury yields and a firm dollar.

Spot gold fell 0.4 percent to $4,464.64 per ounce as of 04:39 GMT, after touching its lowest level since March 30. US gold futures for June delivery declined 1 percent to $4,466.40.

Spot silver fell 0.3 percent to $73.59 per ounce, platinum slipped 0.3 percent to $1,917.18, while palladium rose 0.7 percent to $1,366.35.

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