![MCX Gold AND SPOT GOLD CRUCIAL UPDATE [21 NOV 2024]](https://www.goldsilverreports.com/wp-content/uploads/2023/08/Gold-Price-Critical-Update.webp)
Safe-haven gold prices may get some support from the slight decline in the US dollar (USD) along with the risk of further escalation of geopolitical tensions in the Middle East. Traders may also avoid placing aggressive bets ahead of the release of the FOMC meeting minutes on Wednesday. In addition, the US Consumer Price Index (CPI) and the US Producer Price Index (PPI) to be released on Thursday and Friday should provide fresh momentum to Yellow Metal.