Gold Prices Drop by 6% Worldwide
This marks the worst performance for the month since 2008
02 Nov, 14:21
The decline followed a drop in U.S. tech stocks and reports of new diplomatic efforts to resolve the Middle East conflict. An additional factor was the anticipation of a Federal Reserve key rate hike at the December meeting, with market participants estimating the likelihood at around 75%.
On Monday, December gold futures on Comex were trading at $3,914.5 per ounce.




