Gold falls as U.S. Treasury yields rise

CHICAGO, Nov. 6 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Monday as U.S. Treasury yields rise.

The most active gold contract for December delivery fell 10.60 U.S. dollars, or 0.53 percent, to close at 1,988.60 dollars per ounce.

During a speech at Duke University on Monday, Federal Reserve Governor Lisa Cook said that while the banking sector has stabilized