Gold falls below $4,000 as dollar strength weighs on bullion

Gold slid to $3,971.08 an ounce on Thursday, dropping below the key $4,000 level for the first time in seven months. Silver and platinum also fell to $56.61 and $1,560.60, respectively, both hovering near their lowest levels since November. Markets have reinforced expectations for three Federal Reserve rate hikes this year, with a 67% probability of a September move, alongside the dollar index rising to a 13-month high. Investors are awaiting upcoming U.S. PCE inflation data for further clues on the policy path.