Gold: Buyers to be cautious ahead of crucial events and data

Gold finished the week ending on November 9 almost unchanged at $1797.26, which is a sign of strength considering that the US 10-year yields at 3.584% were up 2.63% on the week, and the US Dollar Index gained 0.38% to close at 104.90.Gold held well despite the US ISM services (November reading came in at 56.50 as against the forecast of 53.30), factory orders ( October reading stood at 1% vs the forecast of 0.70% and PPI

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