Spot gold prices fell below the $4,100 level today, pressured by a strengthening dollar and a rebound in US Treasury yields amid concerns about Federal Reserve interest rate hikes. As of 22:40 Thai time, spot gold was down $55.29, or 1.35%, to $4,045.82 per ounce, while COMEX gold futures for December delivery fell $58.20, or 1.40%, to $4,102.40 per ounce. The yield on the 10-year US Treasury note surged past 4.7% after Fed officials who voted for a rate hike at this week's policy meeting voiced support for raising rates to prevent inflation from reaccelerating. The FOMC voted 9 to 3 to hold short-term rates at 3.50% to 3.75% at its July 29 meeting, as markets had expected. The three members who dissented in favor of a quarter-point hike were Cleveland Fed President Beth Hammack, Minneapolis Fed President Neel Kashkari, and Dallas Fed President Lorie Logan, who expressed concern that inflation has remained above the Fed's 2% target for more than five years. Investors are looking ahead to next week's employment data, including the JOLTS report on Tuesday and the nonfarm payrolls report on Friday.