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Gold Set for Best Week in a Month as Data Gap Clouds US Outlook
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 US rate cut — a tailwind for gold, which doesn’t pay interest — lost some steam throughout the week as Federal Reserve officials showed little conviction for reducing the cost of borrowing. Still, investors are divided on whether a flood of data when ... (full story)
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From activtrades.com | Nov 14, 2025
Gold prices are trading slightly higher this morning, supported by a cautious mood across financial markets. Concerns that the momentum of the US economy may be weakening, partly due to the government shutdown, continue to enhance the metal’s safe-haven appeal. However, the upside remains limited. Traders have been pricing in a lower likelihood of a Fed ...
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 ...
