Gold eases ahead of US midterm elections

Business Recorder • Nov 3, 2026

Gold prices ticked lower on Tuesday , after surging more than 2% in the previous session on a drop in oil prices that eased inflation concerns, while investors awaited the outcome of US midterm elections later in the day. Spot gold fell 0.5% to $3,926.52 per...

Gold prices ticked lower on Tuesday , after surging more than 2% in the previous session on a drop in oil prices that eased inflation concerns, while investors awaited the outcome of US midterm elections later in the day. Spot gold fell 0.5% to $3,926.52 per ounce by 0353 GMT. Prices climbed over 2% to $3,954.41 per ounce in the previous session, rebounding from a one-year low it hit on Friday. US gold futures for D...