Gold is cheapening this morning under the influence of rising yields U.S. government bonds. At the time of writing decline in quotations on the Comex exchange was 0.3% - they reached $1751.60 per troy ounce. Silver is also showing a negative Silver is also showing a negative trend, with May futures falling 1.2% to $25.27. However, it should be noted that since Monday, gold is still showing It should be noted, however, that Gold on Monday is still showing positive dynamics, and its weekly growth to date It is worth noting that gold is still showing positive dynamics on Monday, with its weekly gain so far being the highest in almost 3 months. The 10-year government bond yield is up 7% since since the last close. According to Daily FX strategist Nick Coley, its strong rise is due to players' reaction to the U.S. economic stimulus. The recent rise in yields acts as one of key factors influencing the cost precious metal - as noted by the expert (whose words cited by Market Watch), the decrease in quotations is caused mainly by it.