Gold prices hover near record highs on Tuesday

Gold prices near record highs on Tuesday supported by uncertainty over US election, investors await Fed rate clues.

Spot gold prices increased by 0.50 per cent to $2,756.06 per ounce on Tuesday October 28, 2024, at 6:52 GMT, compared to Monday’s closing price of $2,742.32. Meanwhile, US gold futures rose 0.43 per cent to $2,767.85, compared to Monday’s closing of $2,755.9.

Attribution: Amwal Al Ghad English

Subediting: M. S. Salama