Spot gold rose to an over one-week high as safe-haven demand increased following Nvidia's disappointing revenue forecast and escalating tensions between Russia and Ukraine. Investors turned to gold as a safe-haven asset amid geopolitical risks. Global stocks also eased after Nvidia's revenue growth forecast failed to excite investors. Spot gold prices are up 4% this week, recovering from last week's sharp drop. A Reuters poll shows most economists anticipate a Federal Reserve rate cut in December, with smaller reductions projected for 2025.