Gold prices fell today to their lowest level in more than five weeks after the dollar and bond yields rose before the upcoming publication this week of the minutes of the US Federal Reserve meeting for the month of July, which may provide indications that will guide expectations on future interest rates in the coming weeks.

Gold fell in spot transactions 0.1% to USD 1912.29 an ounce, its lowest level since July 7 of this year and US gold futures contracts also fell 0.1% to USD 1944.20.

US bond yields rose, pushing the dollar to its highest level since the 7th of last July, after last Friday's data showed that producer prices rose slightly more than expected in July, while service prices increased at the fastest pace in nearly a year.

Source: Qatar News Agency