Gold Prices Slip, Dollar Unchanged Ahead of Fed, U.S. Mid-term Elections

© Reuters. Gold prices slipped while the dollar was unchanged
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Gold prices slipped while the dollar was unchanged on Monday as traders awaited the U.S. mid-term elections and the Federal Reserve’s November meeting due later this week.
Gold futures for December delivery on the Comex division of the New York Mercantile Exchange slipped 0.03% to $1,232.9 a troy ounce by 12:20 AM ET (04:20 GMT).
The U.S. Fed will begin its two-day meeting on Wednesday, with markets anticipating no change to interest rates ahead of a widely expected rate hike in December.
Gold prices slipped lower on Friday as the dollar pushed higher following the release of a stronger-than-expected U.S. jobs report for October.
Official data released on Friday revealed that U.S. jobs growth rebounded in October and wages recorded their largest annual gain in 9-1/2 years.

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