New Delhi, July 9 -- Gold prices declined on Wednesday to their lowest levels in over a week, weighed down by a firmer U.S. dollar and elevated Treasury yields. Investor sentiment took a hit following renewed tariff threats from former U.S. President Donald Trump, sparking uncertainty across global markets. The yellow metal's drop reflects not only international developments but also domestic currency strength, which added pressure on Indian gold futures.

As of 06:24 GMT, spot gold was trading 0.4 percent lower at $3,286.96 per ounce, marking its weakest level since June 30. U.S. gold futures also fell, slipping 0.7 percent to $3,295. On the Multi Commodity Exchange (MCX), the August 5 gold contract was down 0.30 percent at Rs.96,178 per...