Gold Prices Rise on November 2 Amid Oil Price Drop and Iran-US Peace Talks
Gold prices rose sharply on November 2 after a steep decline of over 3% the previous week, driven by a nearly 7% drop in crude oil prices. The rise is linked to hopes for resumption of peace talks between Iran and the US. However, gold's upside may remain limited unless it breaks the 4,030-4,066 resistance zone, with supports at 3,900, 3,875, 3,800, and 3,750 levels.
TOI Business·


