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Find all the economic and financial information on our Orishas Direct application to download on Play StoreWhile U.S. economic data dampened expectations of an aggressive rate cut in November, gold prices fell on Thursday.
Spot gold was down 0.5% to $2,645.38 per ounce at 11:25 GMT, after reaching a record high of $2,685.42 last week. American gold futures lost 0.2% to $2,665.70. Non-performing bullion is a preferred investment in an environment of low interest rates as well as in times of geopolitical turmoil. Market attention is now on the report on non-farm jobs in the United States on Friday.
Spot silver fell 1.3% to $31.46, platinum fell 1.7% to $985.25, and palladium fell 2.2% to $991.79.
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