Gold Falls to Lowest Level in Two Months

Gold prices declined on Wednesday, losing the $1,900 per ounce level, as the US Dollar (USD) maintained its rising trend.

Gold futures for December delivery decreased by $39.20, or 2.1%, to close at $1,868.40 per ounce, its lowest closing level since July 22.

The Dollar index (DXY), which measures the performance of the USD against a basket of six major currencies, is up by 0.43% for the day at 94.40.