New York Gold Futures Fall 2.4% to $4,050.7 Per Ounce Today

XAU-2.22%
According to CNBC, New York COMEX August gold futures fell 2.4% to $4,050.7 per ounce on July 23. The price dropped $101.7 from the previous close as escalating U.S.-Iran tensions and heightened Middle East geopolitical risk drove U.S. Treasury yields sharply higher, reducing gold investment demand.
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