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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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- Nov 13, 2025 8:46pm Posted byFundamental Analysis206
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