United States

Strong central bank buying, monetary policy easing and geopolitical tensions have driven gold prices to multiple record highs this year

Markets currently see a 70.1 percent chance of a 25-basis-point cut by the Federal Reserve in 12 days

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Powell is scheduled to speak later in the day, likely marking the last public remarks before the Fed's December meeting

The dollar index was up 0.07 percent to 106.52, reducing goldās appeal among holders of other currencies
