London - Saba:
Gold prices ended a four-session rally to fall on Monday, under pressure from a stronger US dollar and profit-taking as investors await key US economic data for clues about the Federal Reserve's monetary policy outlook.
According to CNBC Arabia, spot gold fell 1.05 percent, or $ 28.18, to $ 2625.36 an ounce, and US gold futures fell 1.16 percent, or more than $ 31, to $ 2649.60.
The dollar index rose 0.5 percent, making bullion more expensive for holders of other currencies.
Gold prices fell more than three percent in November to record their worst monthly performance since September 2023 with the prospect of higher tariffs under Donald Trump's incoming administration to keep interest rates higher for longer.
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