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Gold falls to a two-month low as the dollar strengthens

Gold prices fell during Thursday’s trading, with futures reaching a two-month low due to the U.S. dollar index hitting its highest level in a year.

December gold futures dropped by 0.95%, or $24.7, to $2,561.80 per ounce as of 11:53 AM Mecca time, marking the lowest level since September 12.

Spot gold declined by 0.66% to $2,556.78 per ounce, December silver futures fell by 2.28% to $29.965, and spot platinum dropped by 0.28% to $935.95 per ounce

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