Gold prices fall as dollar strengthens, US Treasury yields rise

Gold prices fell on Monday, with spot gold declining 0.5 per cent to US$4,143.91 per ounce.

US gold futures for December delivery also dropped 0.4 per cent to US$4,163.30 per ounce.

The US dollar edged higher, making dollar-denominated gold more expensive for holders of other currencies, while yields on 10-year US Treasury bonds rose by 0.6 per cent.