Daily Market Updates: Gold finds relief from Oil’s decline as traders await key US economic data

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Gold finds relief from Oil’s decline as traders await key US economic data

Reported · Written up by our desk · Major Pairs

Gold (XAU/USD) retains a positive bias during American trading hours on Monday after sliding to a fresh yearly low of $3,870 on Friday and ending October down 6.87%. A pullback in Oil prices amid diplomatic efforts between the US and Iran supports the precious metal.

Latest closeGold $3,884.90 ▼3.6%

← Newer storyCiti throws in the towel on hyperscalers after a key market bet misfi…Older story →Gold finds relief as Oil tumbles on positive US-Iran headlines

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FXStreetGold finds relief from Oil’s decline as traders await key US economic data

Forex

Gold finds relief from Oil’s decline as traders await key US economic data

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