Gold trades at $3,935 with $3,900 support eyed ahead of December Fed meeting

Gold prices are facing downward pressure as the market looks toward the Federal Reserve’s upcoming December policy meeting, which analysts expect could set the direction for bullion into the end of the year. Trading remains cautious, with gold currently holding just above the crucial $3,900 support level. Gold struggled to show a convincing bullish trend in November, trading below the key $4,000 mark. According to Investing.com data from November 3, gold futures settled at $3,946.85, representing a decline of $22.75, or 0.57%.

Source: CoinTurk News