13 Hrs
Source:
الاقتصادية
Source: الاقتصادية
13 Hrsالاقتصادية
Source: الاقتصادية
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Gold prices fell on Tuesday as investors took profits and awaited the U.S. midterm elections. Spot gold dropped 0.5% to $3,926.52 an ounce, while U.S. gold futures for December delivery fell 0.8% to $3,936.30, after the metal rose more than 2% in the previous session. Gold came under pressure after oil prices fell more than 7%. Expectations for U.S. inflation and interest rates also weighed on its appeal, with traders pricing in a 74% chance of an interest-rate hike in December. Investors are watching the election results and their impact on markets, while the recent recovery has done little to ease concerns about a continued decline in gold prices.
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