23 Oct 2025 | 3 Mins Read
Gold falls as US dollar strengthens ahead of inflation releases
Flipitmoney
Gold prices fell 0.3% to $4,082.95 per ounce due to a rising dollar, ahead of Friday's US inflation data. US gold futures rose 0.8% to $4,097.40 per ounce. Investors expect a 25-basis-point rate cut next week, with gold benefiting from low interest rates. It has gained 56% this year, reaching an all-time peak of $4,381.21 on Monday.