Gold edges higher after hitting a two-month low

Gold prices have risen by 0. 4% after a dip earlier in the week. Investors are watching the U. S. Federal Reserve’s upcoming interest‑rate decisions, with an 18% chance of a hike this month and an 80% chance in December. Rising tensions in Saudi Arabia and ongoing global economic difficulties are also influencing market sentiment.

Gold prices are on the rise, up by 0.4% after a dip earlier this week. Investors are closely monitoring the upcoming interest rate decisions from the US Federal Reserve, with an 18% probability of a hike this month and 80% in December. Heightened geopolitical tensions in Saudi Arabia and persistent global economic challenges are also in the spotlight.

Summarised by Agaah from ET Markets. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.