Gold futures rose 0.6% to $2695.70 per ounce during the day, remaining near an all-time high. DHF Capital CEO and asset manager Buzz Kuiman said that the decline in US stocks further supported gold, and risk aversion prompted investors to seek safe haven assets. The market expects the Federal Reserve to cut interest rates by 25 basis points at the upcoming meeting, which may strengthen the dollar and limit the upward momentum of gold. Investors are also looking forward to data such as US retail sales, industrial production, and initial jobless claims to find more clues about the Federal Reserve's easing of monetary policy. At the same time, concerns such as geopolitical tension and uncertainty about the US election are also supporting the price of gold.

Gold futures rose 0.6% to $2695.70 per ounce during the day, remaining near an all-time high. DHF Capital CEO and asset manager Buzz Kuiman said that the decline in US stocks further supported gold, and risk aversion prompted investors to seek safe haven assets. The market expects the Federal Reserve to cut interest rates by 25 basis points at the upcoming meeting, which may strengthen the dollar and limit the upward momentum of gold. Investors are also looking forward to data such as US retail sales, industrial production, and initial jobless claims to find more clues about the Federal Reserve's easing of monetary policy. At the same time, concerns such as geopolitical tension and uncertainty about the US election are also supporting the price of gold.