Gold prices recorded a slight decline amid a gradual rise in the dollar, while increasing expectations of a US interest rate cut weighed on the precious metal. Spot gold fell 0.2% to $3364.25 per ounce after hitting its highest level since August 11 last Friday. December US gold futures dropped 0.3% to $3409.80. The dollar index rose 0.2% against competing currencies after falling to a four-week low, making gold less attractive to foreign buyers. Other precious metals also declined: spot silver fell 0.2% to $38.09 per ounce, platinum dropped 0.3% to $1356.95, and palladium decreased 0.6% to $1119.67. Last week, gold prices had fallen to their lowest in about three weeks as the dollar strengthened while investors awaited the Federal Reserve’s Jackson Hole symposium for clues on monetary policy. Spot gold declined 0.1% to $3313.51 per ounce after reaching its lowest since August 1. December US gold futures fell 0.1% to $3355.50.