Metals Stocks: Gold prices on track for first back-to-back decline in 3 weeks

Gold prices edged lower on Tuesday, putting the metal on track to notch its first two-session skid in nearly three weeks as weakness in stocks, falling yields and a softer dollar — all factors that would ordinarily support bullion — failed to inspire buying.

April gold GCJ9, +0.07% lost $2.60, or 0.2%, at $1,326.80 an ounce, after shedding 0.3%, to settle at $1,329.50 an ounce, on Monday. The yellow metal hasn’t fallen in consecutive sessions since a multiday skid ended Feb. 7, according to FactSet data.

March silver SIH9, +0.06% shed 5 cents, or 0.4%, to reach $15.78 an ounce, after the metal lost 0.5% in the session before.

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