Gold traded near $4,360 an ounce after reversing early losses, while futures fell about 0.6% to settle at $4,357.22 as the Dollar Index rose to approximately 100.5, near its highest level since late July. Investors weighed hawkish Federal Reserve comments and uncertainty over whether last week’s rate increase marks a pause or further tightening against a more than 9% oil decline over four sessions and lower Treasury yields. Demand remained supportive, with China buying about 20 tonnes in August and gold-backed ETFs accumulating roughly 50 tonnes through September.