Mexico Industrial Output (YoY) registered at -0.4% above expectations (-2.4%) in October

Gold (XAU/USD) extends its advance on Friday as expectations build for further monetary policy easing by the Federal Reserve (Fed) after this week’s interest rate cut. At the time of writing, XAU/USD is trading around $4,335, just shy of its all-time high near $4,381, marked on October 20.