Gold Steadies as Investors Brace for US Election and Potential Rate Cuts
Singapore, 4 Nov (ONA) --- Gold prices held steady today, as
investors prepared for a crucial week for the global economy, marked
by the US presidential election and the likelihood of further
interest rate cuts.
Spot gold edged up by 0.1% to $2,738.29 per ounce. US gold
futures were flat at $2,747.50.
Currently, traders anticipate a 98% chance of a
quarter-basis-point Fed rate ...