gold futures fell on thursday to their lowest finish in more than 15 months pressured as the us dollar continued to strengthen gold and silver are unlikely to make solid bottoms and are even less likely to recover aggressively until the trade has reason to believe planned federal reserve rate hikes will not need to be adjusted even higher and following views that a recession can be avoided analysts at zaner wrote in thursdays newsletter august gold gcq22 declined by 2970 or 17 to settle at 170580 an ounce prices based on the mostactive contract settled at their lowest since march 30 2021 factset data show