周二金价小幅下跌，此前一交易日因油价下跌缓解通胀担忧而大涨逾2%，投资者正等待当天晚些时候美国中期选举的结果。
Gold prices ticked lower on Tuesday, after surging more than 2% in the previous session on a drop in oil prices that eased inflation concerns, while investors awaited the outcome of US midterm elections later in the day.
现货金于格林威治时间0353下跌0.5%，报每盎司3926.52美元。上一交易日价格飙升逾2%至每盎司3954.41美元，从周五触及的一年低点反弹。
Spot gold fell 0.5% to $3,926.52 per ounce by 0353 GMT. Prices climbed over 2% to $3,954.41 per ounce in the previous session, rebounding from a one-year low it hit on Friday.
美国12月交割黄金期货下跌0.8%，报每盎司3936.30美元。
US gold futures for December delivery dropped 0.8% to $3,936.30.
KCM Trade首席市场分析师蒂姆·沃特尔表示：“上周金价遭受重创后，黄金仍处于整固模式。”
"Gold is still in consolidation mode after the price pummelling it took last week," said Tim Waterer, chief market analyst at KCM Trade.
沃特尔补充道：“黄金继续作为高流动性资产被抛售，以弥补其他地方的亏损和追加保证金，而非作为传统避险资产被买入。这一特性在当前环境下对其不利。”
"Gold continues to be sold as a high-liquidity asset to cover losses and margin calls elsewhere rather than being bought as a traditional safe haven. That characteristic is working against it in the current environment," Waterer added.
在地缘政治方面，德黑兰周一表示，伊朗与美国结束长达八个月战争的接触仍在继续，此前伊朗与卡塔尔调解人的数天谈判以修改后的提案告终，但未取得突破。周一油价下跌逾7%。
On the geopolitical front, Tehran said on Monday, contacts between Iran and the United States to end their eight-month war were continuing after days of Iranian talks with Qatari mediators ended with altered proposals but no breakthrough. Oil prices fell over 7% on Monday.
能源价格居高不下增加了美联储将维持较高利率更长时间的预期，推高了持有无收益黄金的机会成本。
Elevated energy prices raise expectations that the Fed will keep interest rates higher-for-longer, increasing the opportunity cost of holding non-yielding bullion.
根据芝商所“美联储观察”工具，交易员目前认为美联储12月加息的概率为74%。
Traders currently see a 74% chance that the central bank will raise rates in December, according to CME's FedWatch tool.
市场参与者现在等待当天晚些时候的美国中期选举及其对更广泛市场情绪的潜在影响。
Market participants now await the US midterm elections later today and their potential impact on broader market sentiment.
沃特尔表示：“民主党大获全胜可能会给人工智能数据中心建设和更广泛的科技板块交易带来更多麻烦。监管审查加强给科技板块带来的任何进一步压力，因此都可能因头寸继续被平仓以弥补其他地方的亏损而波及黄金。”
"A Democratic sweep would likely prove more problematic for the AI data-centre build-out and the broader tech trade. Any further pressure on the tech complex from increased regulatory scrutiny could therefore spill over into gold as positions continue to be cut to cover losses elsewhere," Waterer said.
在其他贵金属中，现货白银下跌1.8%，报每盎司49.71美元；铂金下跌0.2%，报每盎司1446.80美元；钯金下跌1.4%，报每盎司953.64美元。
Among other metals, spot silver slipped 1.8% to $49.71 per ounce, platinum dropped 0.2% to $1,446.80 and palladium dipped 1.4% to $953.64.