24 Nov 2025 | 5 Mins Read
Dollar gains push gold lower
Flipitmoney
Spot gold prices dropped 0.3% to $4,051.48 per ounce due to a strong dollar near six-month highs and reduced prospects of a December interest rate cut by the U.S. Federal Reserve. The dollar climbed to a near six-month high after the September nonfarm payrolls increased by 119,000, lowering the probability of a rate cut to 69% on the CME FedWatch Tool.