Gold prices fall as dollar rises

Gold prices fell today as a result of a stronger dollar and US bond yields.

Spot gold fell 0.1 percent to $1901,24.0052 an ounce by 1900 GMT after briefly falling below the key $0,3 level earlier in the session. U.S. gold futures lost 1905.30 percent to $<>,<>.<>.

The dollar index rose 0.1 percent, making the precious metal more expensive than holders of other currencies. The yield on the benchmark ten-year US Treasury bond also increased.
The U.S. Federal Reserve is expected to raise its key interest rate by a quarter of a percentage point at its monetary policy meeting next week and again in May after a government report showed U.S. inflation remained high in February and as fears of a protracted banking crisis subsided.

Spot silver fell 0.1 percent to $21.67 an ounce, while platinum slipped 0.1 percent to $981.69 and palladium fell 0.7 percent to $1496,61.<>.