CHICAGO, Feb 27 (Bernama-Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Monday as US Treasury yields rose, reported Xinhua.
The most active gold contract for April delivery fell US$10.50, or 0.51 per cent, to close at US$2,038.90 per ounce.
Gold was also under pressure from chart-based technical selling.
The US Commerce Department reported Monday that US new-home sales rose 1.5 per cent to an annual rate of 661,000 in January, from a revised 651,000 in the prior month.
US gross domestic product report will be released on Wednesday.
Silver for March delivery fell 45.60 cents, or 1.98 per cent, to close at US$22.526 per ounce. Platinum for April delivery fell US$28.50 or 3.13 per cent, to close at US$881.10 per ounce.
-- BERNAMA-XINHUA
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