Investing.com -- The price of gold dropped on Thursday.
The precious metal settled at 1172.49 today, down by $5.10, or 0.43%.
The volume of gold was 143,002.
During November, gold had its worst month since 2013.
The downward trend may be continuing this month, as investors worry about the impact of an interest rate hike by the U.S. Federal Reserve Bank this month.
The commodity dropped by more than $100 per ounce last month.
The dollar is also impacting the price of gold.
Traders view the 1170.00 level as a "critical support" measure for gold.