Gold dips 0.3% to $4,332

Gold prices declined today by 0.3%, reaching $4,332.34 per ounce, amid expectations that the Federal Reserve will keep interest rates high for a longer period. This outlook is supported by the increasing likelihood of a rate hike to 90% in December, along with concerns about inflation and tensions in the Middle East affecting the markets. This decline is linked to investors awaiting the US central bank's policies, as the dollar continues to strengthen, while prices of other precious metals fluctuated between decreases and increases.

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