Global marketsUpdated November 9

SPA’s later Nov. 9 snapshot: spot gold, December futures up 0.7%

In its later Nov. 9 report, the Saudi Press Agency put spot gold at $4,094.43 an ounce, up 0.7%, and December US gold futures at $4,103.60 an ounce, also up 0.7%. This is a later intraday snapshot, distinct from the earlier Nov. 9 readings. SPA said lower oil prices, a weaker dollar and lower bond yields supported gold as investors awaited US inflation data for clues to the Federal Reserve’s policy path.

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Coverage started November 9