Economic TimesLean R·
Gold rises after biggest daily gain since August, with US payrolls in focus
On Thursday, gold prices increased partially due to a declining US dollar, building on a strong daily surge prior. Spot gold's elevation followed reactions to the US midterm elections while investors eyed potential shifts in policy. Anticipation about the forthcoming non-farm payrolls report could influence Federal Reserve decisions, with Citi predicting a rise in gold should geopolitical tensions reduce.
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