Spot gold was up 0.6 per cent at $4,255.98 per ounce, as of 1239 GMT, its highest since October 21. US gold futures for February delivery gained 0.8 per cent to $4,290.70
Gold will react mainly to the shifting odds of a December rate cut, which means that the September NFP report may further weigh on the yellow metal, analyst said
Oil price outlook: While the outlook for the oil market remains bearish with expectations for a large surplus in 2026, robust refinery margins offer counterbalance
The development comes weeks after the markets regulator warned investors against investing in digital or e-gold products, stating that such instruments fall outside its regulatory framework
