Australia S&P Global Services PMI registered at 52.5, below expectations (53.1) in October

Gold extends its pullback on Tuesday, falling down to about $3,930 per troy ounce and reaching three-day lows amid the intense strengthening of the US Dollar. The precious metal continues under pressure as markets reduce expectations for a Fed rate reduction in December, but lower US Treasury rates seem to be helping to contain any losses for the time being.

Source: https://www.fxstreet.com/news/australia-sp-global-services-pmi-registered-at-525-below-expectations-531-in-october-202511042200