Gold prices declined on Tuesday after a strong rally in the previous session. Spot gold fell 1.4 percent to $4,084.11 an ounce after climbing almost 2 percent on Monday as falling oil prices helped ease inflation and rate-hike concerns. U.S. gold futures were down 0.6 percent at $4,091.65.
The U.S. dollar index edged up slightly as attention shifted to upcoming U.S. inflation readings.
The release of October U.S. CPI report will be in the spotlight later today, with economists expecting smaller increases than in September.
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Market Analysis
Gold Edges Lower After Strong Rally; US Inflation Data Eyed
2026-11-10 10:03:41
