- Gold futures fell 1.6% to $3,906.20 a troy ounce in midmorning European trading.
Gold futures fell 1.6% to $3,906.20 a troy ounce as a rebound in oil prices raised expectations for higher interest rates. Silver dropped 4.2% and platinum fell 2.5%. Investors are awaiting U.S. midterm results and Friday's payrolls report, while traders priced a 75% chance of a December Fed rate hike.
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