Daily Market Updates: Gold weakens back below $3,950 as Fed hike bets weigh ahead of US midterm elections

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Gold weakens back below $3,950 as Fed hike bets weigh ahead of US midterm elections

Reported · Written up by our desk · Major Pairs

Gold (XAU/USD) attracts fresh sellers during the Asian session on Tuesday, sliding back below $3,950 and eroding a part of the previous day's recovery gains from a one-year trough set last week amid a modest US Dollar (USD) uptick.

Latest closeGold $3,884.90 ▼3.6%

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FXStreetGold weakens back below $3,950 as Fed hike bets weigh ahead of US midterm elections

Forex

Gold weakens back below $3,950 as Fed hike bets weigh ahead of US midterm elections

More like this

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