Gold Prices Decline Amid Treasury Strength, Yet Show Modest Weekly Gains

On December 13, gold prices experienced a decline, closing lower despite rising geopolitical tensions in Eastern Europe and the Middle East. The precious metal faced pressure from the robust performance of U.S. Treasury yields. The February gold futures settled at $2,675.80 per troy ounce on the Comex, marking a decrease of 1.24% for the day. […]