Gold prices dropped by 2% on Tuesday, alongside a significant rise in Treasury yields. The easing of concerns regarding the banking crisis has led some investors to return to higher-risk assets, while markets await the Federal Reserve's upcoming decision on interest rates. Analysts expect that the Fed will refrain from implementing a new interest rate hike. Spot gold fell by 2.1% to $1938.19 per ounce. U.S. gold futures also dropped by 2.1%, settling at $1941.10. Silver in spot transactions decreased by 1.2% to $22.25 per ounce, while platinum fell by 2% to $968.73. Palladium also saw a decline of 1.7%, reaching $1391.14.
After Saving the Banking Sector.. Decline in Gold Prices
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