Gold prices fall moderately

Gold prices fell moderately on April 6 morning, trading just below $2,030 a troy ounce, Report informs referring to the auction data.

The prices fell against the backdrop of a strengthening dollar, while the underlying factors continue to support quotes.

The price of June gold futures on the New York Comex exchange fell by $7.1, or 0.35%, to $2,028.5 per troy ounce. May futures for silver fell 0.14% to $25.003 per ounce.

Over the previous three trading sessions, gold has risen in price by 3.4%. Supporting factors were geopolitical and economic risks, which traditionally increase the demand for reliable assets.