Gold prices fell at the end of trading on Wednesday, for the third consecutive session, recording the lowest level in more than three weeks, while assessing the prospects for monetary policy, amid continuing geopolitical tensions in the Middle East.
Upon settlement, gold futures for December delivery fell by 0.8% or 15.7 dollars at 1957.8 dollars per ounce,the lowest level at the end of the session since the seventeenth of October.
While the dollar index, which measures the performance of the US currency against a basket of six major currencies, settled at 105.55 points.