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Gold Recovers from Session Lows Despite Intraday Weakness
Gold demonstrated resilience today, closing higher despite trading to both a lower low and lower high during the session. Prices opened under pressure, reaching an intraday low of $3,997 before staging a recovery. This rebound prevented what would have been the fourth consecutive day of declining prices. The central question facing gold markets continues to be whether the Federal Reserve will implement a rate cut or maintain current interest rate levels at the upcoming FOMC meeting. With inflation running near 3%—a level typically inconsistent with rate cut considerations—the December meeting presents an unusual ... (full story)
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Gold edged lower on Wednesday due to a stronger dollar, while investors awaited minutes from the Federal Reserves latest policy meeting and U.S. jobs report that could shed more light on the central banks interest rate trajectory. Spot gold was down 0.2% at $4,059 per ounce, as of 0201 GMT. U.S. gold futures for December delivery edged 0.1% lower to ...
From fxstreet.com | Nov 18, 2025
Gold price XAU/USD attracts some buyers to around $4,070, snapping the three-day losing streak during the early Asian session on Wednesday. The precious metal rises amid the risk-off sentiment as traders brace for the long-awaited return of US economic data. The FOMC Minutes will be the highlights later on Wednesday, ahead of the US September Nonfarm ...
December Gold futures showed surprising strength, rallying from an intraday low of $3,997.40 to close essentially unchanged, despite being down for most of the morning session. Central bank purchases of gold are likely to continue as de-dollarization surfaces as a recurring theme in global reserve management, with central banks diversifying their holdings ...