Gold Prices Rise as US Treasury Yields Decline

By News Desk on June 2, 2026

Gold Prices Rise Amid Decline in US Treasury Yields

Singapore: Gold prices increased today, supported by a decline in US Treasury yields.

Spot gold rose by 0.5 percent to reach $4,507.56 per ounce, while US gold futures for August delivery gained 0.7 percent to $4,538 per ounce.

Other precious metals also recorded gains during trading. Spot silver increased by 0.9 percent to $75.49 per ounce.

Platinum advanced by 1.3 percent to $1,947.95 per ounce, while palladium edged up by 0.3 percent to $1,366.37 per ounce.

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