-
Gold falls 1% as broad market sell-off follows US government reopening
Gold prices fell 1% on Thursday, pulling back from a three-week high earlier in the session amid a broad market sell-off following the reopening of the U.S. government. Spot gold lost 1.1% to $4,151.86 per ounce as of 02:16 p.m. EST . Elsewhere, spot silver fell 2.3% to $52.18 after rising to its highest level since October 17 earlier in the session. U.S. gold futures for December delivery settled 0.5% lower at $4,194.50. The U.S. government will resume operations after a record 43-day shutdown, under an agreement that funds federal operations through January 30. "Precious metals are caught in a widespread ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
Gold prices edged higher on Friday and were poised for a weekly rise, supported by a weaker dollar, although gains were kept in check by hawkish comments from U.S. Federal Reserve officials dousing hopes of an interest rate cut in December. Spot gold was up 0.4% at $4,188.93 per ounce, as of 0200 GMT. Bullion is up 4.8% so far this week. U.S. gold futures ...
From finance.yahoo.com | Nov 13, 2025
Gold is on track for its best week in a month, with its appeal reignited by uncertainty around a backlog of official data set to follow the US government’s return from a six-week shutdown. Bullion was trading at nearly $4,190 an ounce, heading for a weekly gain of around 5% and recouping most of the losses from the previous session. Expectations of another ...
From financemagnates.com | Nov 13, 2025
Gold price surged for a fifth consecutive trading session today (Thursday), November 13, 2025, climbing nearly 1% to reach intraday highs of $4,239.52 per ounce before settling around $4,229.59, marking a dramatic reversal from last month's correction and reigniting the precious metal's historic bull run. The rally has delivered impressive gains of ...
