On the 29th, gold futures prices on the New York Mercantile Exchange continued to rise for the fourth consecutive business day, with December delivery, the main market, closing at $2,781.10 per ounce, up $25.20 from the previous day. The highest closing price for the central contract month was set for the first time in a week.
In addition to the uncertainty surrounding the U.S. presidential election to be counted on November 5, there is also deep-rooted concern about the tense situation in the Middle East, leading to a growing movement to divert funds to gold, which is considered a relatively safe asset. (joint)
Source: Japanese