Mexico Trade Balance, $ registered at $0.606B above expectations ($-0.45B) in October

Gold (XAU/USD) is treading water on Thursday as a modest rebound in the US Dollar (USD) weighs on the precious metal. At the time of writing, XAU/USD is trading around $4,160, hovering near two-week highs reached on Wednesday, with the metal up nearly 2.20% so far this week.