Gold falls to lowest level in over one year

Gold prices extended losses for a third consecutive session on Thursday, falling around three percent to their lowest level in more than a year.

Spot gold dropped 2.9 percent to US$3,871.31 per ounce by 17:30 GMT, after touching its lowest level since October 2025 earlier in the session.

US gold futures for December delivery fell 3.2 percent to $3,872 per ounce.