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