Gold futures climbed on Thursday, finding support from a pullback in the U.S. dollar to edge up from the more than three-week low they finished at a day earlier. “It looks like a matter of when will gold break the September lows, but for now it is stabilizing as it seems it will need a fresh catalyst to send prices below the psychological $1,600 level,” said Edward Moya, senior market analyst at OANDA. Gold for December delivery GCZ22,
AUDUSD consolidates ahead of US inflation report
The AUDUSD pair remains under downward pressure, trading within a range amid expectations of RBA policy easing and the upcoming US inflation data. The rate