Gold falls as US Treasury yields rise

Gold prices fell today, with US 10-year Treasury yields rising to their highest level in five months, supported by concerns about rising inflation and the troubled Chinese real estate sector. Spot gold fell 0.1% to $1,780.61 an ounce, and US gold futures for December delivery fell 0.2% to $1781.9 an ounce.

For other precious metals, silver fell 0.8% to $24.08 an ounce, platinum fell 0.5% to $1044.83 and palladium fell 2.6% to $201845 an ounce.