Gold falls below $4,200 an ounce

Gold prices fell below the $4,200-per-ounce mark on global commodity markets as a stronger U.S. dollar and expectations of higher interest rates weighed on demand for the precious metal. (

Spot gold traded around $4,170-$4,180 per ounce, hitting its lowest level in recent weeks. The decline came after hawkish signals from the U.S. Federal Reserve reinforced expectations that borrowing costs could remain elevated. 

Investors also continued to monitor developments in the Middle East and their potential impact on global demand for safe-haven assets. 

N.Tebrizli