-
Strong price gains in gold, silver as U.S. gov’t may be close to reopening
Gold and silver prices are sharply up in early U.S. trading Monday, with gold hitting a two-week high and silver a three-week peak. Notions the U.S. government may be close to reopening have boosted the precious metals markets, from the angle of the resumption of U.S. economic data flows will provide better odds of a Federal Reserve interest rate cut in December. December gold was last up $93.30 at $4,103.10. December silver prices were up $1.897 at $50.055. The U.S. Senate on Sunday voted 60-40 on a procedural measure to advance a bill to end the federal government shutdown, with a group of moderate Democrats ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From home.saxo | Nov 10, 2025
Gold and silver have started the week with firmer conviction, extending Friday’s rebound and signalling that investors remain willing to add exposure to precious metals despite another rise in bond yields. The macro backdrop is unusually mixed: signs of weakening US economic momentum are emerging at the same time that political negotiations appear to be ...
From marketpulse.com | Nov 10, 2025
Gold prices saw a sharp rise at the start of the trading week. The precious metal is trading up around 2% on the day and holding near the 4100/oz handle. Last week, new data (data from 3rd party sources) came out showing that the US economy lost jobs in October, particularly in government offices and retail stores. Adding to this bad news, a report on ...
From brecorder.com | Nov 10, 2025
Gold prices rose more than 1% on Monday, buoyed by expectations of another Federal Reserve interest rate cut in December and a slew of weak economic data that raised global slowdown worries. Spot gold gained 1.4% to $4,053.40 per ounce by 0435 GMT. US gold futures for December delivery rose 1.3% to $4,062.40 per ounce. “Gold is catching a solid bid from ...
