Gold Mixed Amid Firm Dollar

31 Oct 2022 , 05:11 PM

Gold saw very thin moves today amid a slightly firm undertone in the US dollar and mixed action in equities. COMEX Gold futures are quoting at $1644 per ounce, almost unchanged on the day. Chinese stocks stayed under pressure as the benchmark Shanghai composite index lost 0.77%. Hong Kongs Hang Seng also dropped 1.18%. European shares saw choppy moves with mild selling pressure visible across the markets. Solid gains were seen in the US markets in last session. The Dow is up 14.4% in October, which would be its best month since 1976. The US dollar indexis currently quoting at 111 mark. Powered by Commodity Insights