Dollar Strength Pressures Gold Prices Below $2,650 per Ounce

Dollar Strength Pressures Gold Prices Below $2,650 per Ounce
Dollar Strength Pressures Gold Prices Below $2,650 per Ounce

Price Decline: Gold prices fell over $12, trading below $2,650 per ounce on Thursday.

The decline coincides with the U.S. dollar index's strength, marking its fourth consecutive day of gains.

Gold futures decreased by 0.10%, around $2,667 per ounce.
Spot Market: Spot gold contracts fell by 0.46%, trading near $2,646 per ounce.

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