Gold falls further on stronger dollar, easing geopolitical tensions
Gold prices fell on Tuesday to their lowest in more than a week, weighed down by a stronger dollar and reports of a potential Israel-Hezbollah ceasefire that dampened safe-haven demand.
FUNDAMENTALS
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-115676905»>* Spot gold was down 0.2% at $2,621.06 per ounce, as of 0023 GMT, after hitting its lowest since Nov. 18 earlier in the session.
* Bullion fell more than 3% in the previous session on the ceasefire reports and U.S. President-elect Donald Trump's nomination of Scott Bessent as the Treasury secretary.
* U.S. gold futures edged 0.1% higher to $2,621.10.
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