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Gold Declines Amid Strengthening Dollar

Wednesday 20 May 2026 10:00 AM

Gold Declines Amid Strengthening Dollar

Gold prices saw a slight decline today, Wednesday, influenced by the rising yields on U.S. Treasury bonds and the strength of the dollar.

Spot gold fell by 0.3% to $4,467.59 per ounce at 02:33 GMT. In the previous session, gold registered its lowest level since March 30.

U.S. gold futures for June delivery decreased by 0.9% to $4,471.10.

Regarding other precious metals, spot silver dropped by 0.8% to $73.22 per ounce. Platinum decreased by 0.5% to $1,912.67, while palladium rose by 0.2% to $1,356.32.


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