💨 Abstract

Gold prices rose on Friday, recovering from losses in the previous session, as the U.S. job growth slowed sharply in October, causing the dollar and Treasury yields to weaken. The Fed is expected to cut interest rates by 25 basis points next week. Gold prices are expected to stay elevated ahead of the U.S. election and potential Iranian retaliatory strikes on Israel.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖