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Gold Slips as Traders Assess Fading US Interest Rate Cut Outlook
Gold slipped amid dwindling expectations that the Federal Reserve will cut interest rates until a backlog of data provides a clearer picture of the world’s biggest economy. A faction of Fed policymakers has stepped up warnings that inflation progress could slow or stall, casting doubt over the prospects for another rate cut in December. Meanwhile, Fed Governor Christopher Waller repeated his view that the central bank should again lower interest rates when policymakers meet next month citing a weak labor market and monetary policy that is hurting low- and middle-income consumers. Lower interest rates typically make ... (full story)
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Gold fell for a fourth straight session on Tuesday, weighed down by a firm dollar and diminished prospects of a U.S. interest rate cut next month. Spot gold was down 0.1% at $4,039.19 per ounce, as of 0131 GMT. U.S. gold futures for December delivery fell 0.9% to $4,038.60 per ounce. “The dollar was a bit stronger today and also some of the speculative ...
Federal Reserve Governor Christopher Waller on Monday voiced support for another interest rate cut at the central bank’s December meeting, saying he’s grown concerned over a the labor market and the sharp slowdown in hiring. In an increasingly divided Fed, Waller’s comments put him squarely in the came of those looking to ease monetary policy to head off ...
From kitco.com | Nov 17, 2025
Italy is considering a one-off levy for households to declare gold that is being held off the books – a move that could raise over 2 billion euros, or $2.3 billion, according to an amendment to the 2026 budget seen by Reuters. The proposal would allow individuals to pay a one-time tax of 12.5% to certify the market value of their bullion, gold jewelry, and ...
