November 4 — Gold prices remained stable on Monday as investors geared up for a crucial week in the global economy. U.S. voters are set to elect a president, and the Federal Reserve is expected to consider another interest rate cut.
As of 07:30 GMT, spot gold saw a slight increase of 0.2%, trading at $2,739.63 per ounce. The precious metal had reached a record high of $2,790.15 last Thursday. U.S. gold futures remained unchanged at $2,749.30.
Market participants are closely watching these developments, which could significantly impact gold prices in the near future.
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