Gold prices decline by Rs 1,300/10 g on dollar strength, silver down by Rs 850/kg. Whats ahead?

Gold and silver prices saw a dip on Monday. A strong US dollar pressured the precious metals. International gold prices also slipped. This was due to the dollar nearing a six-month peak. Expectations of a December interest rate cut by the Federal Reserve are fading. US job growth data reinforced this view.