Gold steadied after earlier gains as the dollar moved higher, with traders boosting wagers that the Federal Reserve will keep interest rates steady next month.
A gauge of the dollar’s strength jumped the most after swap traders now priced out a rate cut in December. The bet came after the government canceled the publication of the October employment report, leaving Fed officials without a key piece of economic data before their final meeting of the year. Bullion typically underperforms in a higher rate environment.