Today's market analysis

Gold prices advanced Tuesday as US Treasury bond yields retreated, capping US Dollar gains. A light economic docket featured the New York Empire State Manufacturing Index and the release of the NY Fed Consumers Expectations Survey. The XAU/USD trades at $2,664.

The New York Fed revealed the Empire State Manufacturing Index for September, which printed a dismal figure. Meanwhile, inflation expectations were upwardly revised in September, according to the latest NY Fed Consumers Expectations Survey.

Gold opened at around 2662 and rose to around 2664 at the highest and around 2658 at the lowest before press time.Pay attention to the resistance of 2680-2690-2700. If it fails to break through, it will test 2640-2630-2620