Gold prices fell to their lowest level in four months, in light of the dollar's rise.
According to Reuters, the spot price of gold fell 3% to $ 1271.36 an ounce during trading on Tuesday, after falling to its lowest level since last December 26 at $ 1265.90 An ounce earlier in the session.
US gold futures fell 0.3 percent to settle at $ 1273.20 an ounce.
At the same time, the dollar index remained at its highest level in three weeks, with fluctuations in the market, which boosted the demand for high-risk assets, and the US currency also received support. Of the rise in US bond yields.
Gold traders play because of the strong dollar, stock and bond markets.
He added that the gold market is quieting for a bit, waiting for something strong like inflation figures or some political changes in the United States. Until then, prices are expected to move in lower ranges.
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