Gold prices dip below $2,000 as Fed jitters grow, M.East fears decline

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Published Oct 31, 2023 01:29AM ET © Reuters. Gold -0.10% Add to/Remove from Watchlist DXY +0.26% Add to/Remove from Watchlist Investing.com-- Gold prices fell below key levels on Tuesday as easing concerns over the Israel-Hamas war sapped safe haven demand, while anticipation of a Federal Reserve meeting kept traders biased towards the dollar. While the Israel-Hamas war still showed no signs of de-escalation, traders began pricing in a lower risk premium from the conflict, given that no other Arab powers appeared to have joined in so far. This saw gold relinquish some gains made earlier in October, during the onset...