Gold faces a fourth weekly loss as a strong dollar and hawkish Fed expectations pressure prices below $4,000 per ounce.

Gold dropped nearly 2% to a two-week low near $4,067 as the US dollar surged and markets priced a 69% chance of a September Fed rate hike under Chair Kevin

Gold prices today fell near two-week low as strong US dollar and Fed rate hike expectations weigh on demand; investors await key PCE inflation data.

Gold prices tumbled to a seven-month low on Thursday, nearing $3,985 per ounce, as a robust dollar and anticipation of Federal Reserve interest rate hikes weighed heavily. Traders…

Gold hits a seven-month low, trading below $4,000 as dollar strength and Fed tightening expectations weigh on prices.

Gold is poised for its fourth consecutive weekly decline, weighed down by a strengthening dollar amid expectations of U.S. interest rate hikes. Investors are also closely watching…

Gold faces a fourth weekly loss as a strong dollar and hawkish Fed expectations pressure prices below $4,000 per ounce.