Where Is Gold Going Next?

Gold eased on Tuesday after comments from a Federal Reserve policymaker on monetary stimulus and well-received U.S. data lifted the U.S. dollar, but prices held in a range as traders turned their attention to the December Comex options expiry.

Gold Swiss Banks
Sebastian Derungs | AFP | Getty Images

The dollar extended gains against a currency basket after October durable goods orders came in unchanged, having earlier recovered from one-month lows after Fed policymaker Richard Fisher voiced concern over easing measures.

Spot gold was down 0.1 percent at $1,746.30 an ounce, having earlier touched a session high at $1,751.40. U.S. gold was down $3.40 at $1,746.20.

That said, where is gold going next? Vote now in our "Futures Now" poll!

Vote to see results
Total Votes:

Not a Scientific Survey. Results may not total 100% due to rounding.

Contact Futures Now

  • Showtimes

    Watch Futures Now Tuesdays & Thursdays 1p ET exclusively on cnbc.com!

Sponsor Links

  • CME Group brings buyers and sellers together through its CME Globex electronic trading platform and trading facilities in New York and Chicago.

  • Take your trading to the next level with a platform that lets you trade stocks, options, futures and forex all in one place with no platform or data with no trade minimums. Open an account with TD Ameritrade and get up to $600 cash.