Palladium took a small dip on 11/2, while all other metals increased. Gold saw the most significant rise.
The Gallup US Job Creation Index surveys a random sample of employed Americans across all industries for data about companies’ hiring and firing decisions. The latest report showed continued strength in October, with more hiring than firing reported.
Gold has seen significant increases this week, largely due to the upcoming presidential election. Between Brexit earlier this year and now the election, the political and economic uncertainty has investors turning to gold as a safe haven investment. The value of gold is also hinged on the upcoming Fed meeting next month when it will be decided whether or not to increase interest rates.