Gold falls below $4,000 as the dollar consolidates and interest rate cut hopes decline #Urgent

Gold prices fell below the level of $4,000 per ounce today, Tuesday, with the dollar remaining at its highest levels in more than 3 months." target="_blank">The United States and China.

The price of gold fell in Spot transactions rose 0.8%, reaching $3,970.39 per ounce, by 06:25 GMT. Gold futures in the United States (December delivery) fell by about 1% to reach $3,979.30 per ounce.

In other precious metals, silver in spot transactions fell 1.3% to $47.47 per ounce, platinum fell 1.1% to $1,548.15, and palladium fell 2.8% to $1,404.68.

Meanwhile, The dollar, hovering near the highest level in three months, after the division of the US Central Bank’s Board of Governors frustrated traders’ hopes for an interest rate cut last December.

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