Gold prices decline on global markets

Gold prices fell on global markets as a stronger U.S. dollar and expectations over future interest rate decisions weighed on investor sentiment.

Spot gold and gold futures declined during trading as market participants assessed the outlook for monetary policy and the global economy.

Analysts said a stronger dollar reduced the appeal of gold for holders of other currencies, putting pressure on prices.

Gold is traditionally viewed as a safe-haven asset, but its price remains sensitive to interest rate expectations, inflation trends and geopolitical developments.

N.Tebrizli