Gold prices fell on Tuesday under pressure from a stronger dollar, while traders await key inflation figures in the United States, which may provide hints on the size of the US interest rate cut next week. Spotgold fell 0.1 percent to $2,503.09 an ounce. U.S. gold futures settled at $2,532.20.
The dollar rose 0.4 percent to 142.84 yen. The recovery comes after losing 2.1 percent since the start of September. The dollar rose against the euro, with the single currency falling 0.4 percent to $1.1041. The euro's fall pushed the dollar index, which measures the greenback's performance against six major currencies, up 0.4 percent to 101.56.
Source (Al-Khaleej Emirati Newspaper, Edited)
