Gold hovers near 1-month low ahead of US data, Fed speakers

By Yahoo! Finance | Nov 11, 2024 at 09:37 PM EST

Gold prices rose slightly near a one-month low as investors awaited U.S. economic data and Federal Reserve comments on interest rates. The dollar remained strong post-election, impacting gold's appeal as a hedge against inflation. Market focus is on upcoming economic indicators and Fed officials' speeches.

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