Gold Rises to One-Week High Despite Reduced Easing Expectations in the U.S

Gold prices climbed to their highest level in a week during Tuesday’s trading, supported by a weaker dollar, even as expectations for monetary easing by the Federal Reserve diminished.
December gold futures rose 0.31%, or $8.1, to $2,622.7 per ounce, marking the highest level since November 11.
Spot gold gained 0.27% to $2,618.96 per ounce.
Silver futures for December delivery increased 0.31% to $31.32 per ounce, while spot platinum remained stable at $968.15 per ounce.
Despite reduced expectations for rate cuts in the U.S., gold found support as investors shifted focus to market uncertainty and profit-taking in the dollar, which had recently rallied strongly.