<div id="readability-page-1">Fresh two-month low: Gold slid 0.7% to about $4,299 per ounce, pressured by rising U.S. rate hike expectations and broad market weakness. Fed policy in focus: Traders now see a 70% chance of a December rate hike, with inflation data this week likely to shape the Fed's next move. Bearish technical signal: Gold’s drop below its 200-day moving average has analysts warning of further downside, with some cutting near-term targets to $4,000.</div>

SGOL

518850

GLDM

USDU

<p>Gold prices fell to a two-month low of approximately $4,299 per ounce, driven by growing expectations of a U.S. Federal Reserve rate hike and broader market weakness. Traders now price in a 70% probability of a December rate increase, with upcoming inflation data expected to influence policy decisions. Additionally, gold dropping below its 200-day moving average has triggered bearish technical signals, leading some analysts to lower near-term price targets to $4,000.</p>

ETFS Capital Ltd.

Abrdn Gold ETF Trust

ChinaAMC Gold ETF

SPDR Gold Shares

Pro Ultr GLD

SPDR Gold Minishares

iShares Gold Trust

Invesco DB US Dollar Index Bullish Fund

Wtree Bbg Usd Bull

Gold sinks to two-month low as Fed hike bets grow