Gold prices declined for the third consecutive session on Monday, November 24, as a stronger U.S. dollar and uncertainty surrounding Federal Reserve interest rate decisions weighed on the market. According to Reuters, spot gold fell 0.4% to $4,045.58 per ounce, while December futures dropped 0.9% to $4,042.50. Analysts noted that the dollar’s value is at a six-month high, making gold more expensive for buyers using other currencies. The CME FedWatch tool showed the probability of a rate cut next month fell to 69% from 74%. Despite earlier optimism following comments from New York Fed President John Williams, other Fed officials maintained a cautious stance, suggesting rates should remain steady to avoid economic risks. Reliance Securities’ analyst Jigar Trivedi predicted no major changes in gold prices over the next three to five weeks, though slight declines are possible. Meanwhile, silver prices slipped 0.1%, while platinum and palladium gained 1.5% and 1.3%, respectively.