💨 Abstract
Gold prices rose on Friday, with the U.S. dollar easing from two-month highs, as investors awaited the Federal Reserve's key inflation gauge for further direction. The market is expecting a rate cut in November, with 84.4% chance of a 25-basis-point reduction according to the CME FedWatch tool. Gold is on track for a second straight week of declines after retreating from a record high.
Courtesy: theprint.in
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