Gold Declines amid Dollar Strength and Anticipation of U.S. Inflation Data

  • International
  • 23 October 2025
1

Gold prices fell on Thursday, pressured by a stronger U.S. dollar, as investors awaited key U.S. inflation data for further clues on the path of interest rates.

Spot gold dropped 0.3 percent to $4,082.95 per ounce, while U.S. gold futures for December delivery increased 0.8 percent to $4,097.40 per ounce.

The dollar index rose 0.1 percent against major currencies, making gold more expensive for holders of other currencies.

As for other precious metals, silver fell 0.4 percent to $48.31 per ounce, platinum declined 1.4 percent to $1,598.65, and palladium slipped 1.4 percent to $1,438.47 per ounce.

Source (Al Arabiya.Net Website, Edited)

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