Gold futures declined on Tuesday, with prices for the front-month contract settling at their lowest in about a week. The continued resilience in U.S. Treasury yields, along with the firmer U.S. dollar has served to pull gold prices down from their one-month highs of last week, said Michael Hewson, chief market analyst at CMC Markets UK. December gold
GCZ23,
declined by $14.50, or 0.7%, to settle at $1,952.60 an ounce on Comex, the lowest most-active contract finish since Aug. 28, according to Dow Jones Market Data.
