Futures News 

Gold heads for fifth loss in six sessions

“Gold futures edged lower Monday, as a rise in Treasury yields helped put the metal on track for a fifth loss in six sessions, even as a popular gauge for the dollar headed lower” writes Markets Commodities Reporter for marketwatch.com. Higher Treasury yields can spell weakness for gold which, like other commodities, offers no yield.June gold GCM8, -0.09% fell $1.30, or 0.1%, to $1,319.40 an ounce after tapping an intraday high of $1,322.40.In other metals trading, July silver SIN8, -0.46%  fell 0.5% to $16.67 an ounce after a gain of about 1.4% for last week.
 
Source: marketwatch.com



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