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Aug. 3, 2021, 1:39 p.m. EDT

Gold closes lower Tuesday as investors seen taking profit

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By Mark Decambre

Gold futures finished lower Tuesday as equity markets tilted higher and U.S. Treasury yields and the dollar edged up. The decline in bullion prices was also attributed to some consolidation of profits by investors after a run above $1,800 for the precious metal. December gold /zigman2/quotes/210039437/delayed GCZ21 -0.74% /zigman2/quotes/210034565/delayed GC00 -0.73% closed $8.10, or 0.4%, lower at $1,814.10 an ounce. The decline for gold came as stocks took a leg higher on Tuesday, with the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.34% and the S&P 500 index /zigman2/quotes/210599714/realtime SPX -1.18% gaining altitude, while the yield for the 10-year Treasury note /zigman2/quotes/211347051/realtime BX:TMUBMUSD10Y +3.19% was up slightly at around 1.18% and the U.S. dollar was inching higher, up around 0.05%, measured by the ICE U.S. Dollar Index /zigman2/quotes/210598269/delayed DXY +0.0010% .

/zigman2/quotes/210039437/delayed
US : U.S.: Nymex
$ 1,768.50
-13.10 -0.74%
Volume: 520.00
Dec. 2, 2021 4:00a
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/zigman2/quotes/210034565/delayed
US : U.S.: Nymex
$ 1,771.30
-13.00 -0.73%
Volume: 42,293
Dec. 2, 2021 4:26a
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,022.04
-461.68 -1.34%
Volume: 498.38M
Dec. 1, 2021 5:04p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,513.04
-53.96 -1.18%
Volume: 3.04B
Dec. 1, 2021 5:04p
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/zigman2/quotes/211347051/realtime
add Add to watchlist BX:TMUBMUSD10Y
BX : Tullett Prebon
1.45
+0.04 +3.19%
Volume: 0.00
Dec. 2, 2021 4:35a
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/zigman2/quotes/210598269/delayed
US : U.S.: ICE Futures U.S.
96.03
+0.0010 +0.0010%
Volume: 0.00
Dec. 2, 2021 4:26a
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