Gold prices continue to rise as expectations of a December rate cut grow. Traders in Asia pushed gold prices higher on Tuesday,
Recently, markets increased expectations for a December rate cut after two Fed officials voiced support for a rate cut next month.
Gold has hit several new highs this year since the Fed cut rates at its last two meetings. Tensions between China and Japan also boosted demand for gold as a haven.
Officials said that data on employment and inflation may not be released due to a prolonged government shutdown in October. The uncertainty had previously boosted expectations for a rate cut in December.
