Spot gold fell 0.2% to $3,981.49 an ounce, hitting its lowest level since Nov. 4, Reuters reports. The drop in quotations occurs against the background of the strengthening of the American currency to a 19-month high after the publication of the data on the acceleration of inflation in the US, which increased expectations for a Fed rate hike next month. Gold futures for December delivery fell 0.3% to $3,987.50.