Gold prices are rising in the global market, Spot Gold Hits $4,129 per Ounce - https://www.businesstimes-bd.com/

AI desk brief

Spot gold rose 1.6% to $4,129.69/oz and December US gold futures gained 1.6% to $4,139 in early Monday trading, as investors awaited US inflation data and the Federal Reserve’s next policy decision. Silver advanced 2.8% to $53.31/oz. KCM Trade’s Tim Waterer attributed support to a weaker dollar and stable oil prices following Trump’s conciliatory stance toward Iran, which he said eased inflation pressures. He cautioned that renewed inflation could strengthen the dollar and raise the possibility of a December rate increase, potentially countering gold’s gains. The report gives November 9 without specifying a year.