When the US dollar fell in a major crash
A major drop in the value of the US currency caused the value to fall sharply across commodities, metals and precious metals.
A decline of more than 1.5% in the US’s benchmark 10-year government bond price index was followed by a 2.3% drop in metals and gold futures prices on Monday.
In the past week, precious metals trading was cut by nearly one-third in response to the drop in prices.
Gold futures rose $0.1% on Monday to trade at $1,819.27 an ounce.
The metal was trading at $12,836.24 an ounce at 3:25 p.m.
GMT (1425 GMT) on Monday, the lowest level in almost three months.
Gold futures were down nearly 9% by the time the US central bank reported the price drops.
Silver was also down slightly.
Gold and silver futures fell about 1% and 5%, respectively, by the close of trading.
Gold and silver, which have traded near their record highs, have gained more than 4% each since the end of last year.
Gold has gained over 3% in a week.
On Monday, silver and gold traded above $10,000 a pound (about $1.6 million) for the first time since the beginning of March, the biggest daily gain since October.