October 22, 2026

Gold Prices Decline Amid Stronger Dollar and Rising US Treasury Yields

Accra:Gold prices fell on Monday, with spot gold declining 0.5 percent to $4,143.91 per ounce. US gold futures for December delivery also dropped, falling 0.4 percent to $4,163.30 per ounce.

According to Emirates News Agency, the US dollar edged higher, making dollar-denominated gold more expensive for holders of other currencies. Additionally, yields on 10-year US Treasury bonds rose by 0.6 percent, contributing to the decline in gold prices.