Update prices
settle gold In spot transactions at $2,655.03 per ounce by 0333 GMT. Prices hit an all-time high of $2,685.42 on September 26.
US gold futures rose 0.2 percent to $2,675.40.
Investors are awaiting service sector data issued by the Institute for Supply Management and new unemployment claims scheduled for later today, in addition to non-farm payrolls data in the United States expected to be published tomorrow, Friday.
“The tensions in the Middle East and the US elections will continue to support gold in the longer term… In the nearer term, some funds may switch from gold to oil because oil performs better,” said Brian Lan of Singapore-based Gold Silver Central.
Israel bombed central Beirut, killing at least six people, after its forces suffered the largest daily loss on the Lebanese front during a year of clashes with the Iranian-backed Hezbollah armed group.
As for other precious metals, it declined Silver In spot transactions, it fell 0.9 percent to $31.58, platinum fell 0.5 percent to $997.90, and palladium fell 1.3 percent to $1,001.80.
