Gold prices moved lower on Thursday as investors further scaled down their expectations for another U.S. Federal Reserve interest rate cut in December as they parsed today's U.S. non-farm payrolls data. Front Month Comex Gold for November delivery declined by $21.20 (or 0.52%) to $4,056.50 per troy ounce. Front Month Comex Silver for November delivery tumbled by 54.30 cents (or 1.07%) to $50.247 per troy ounce. Instituting the second rate cut in 2025 on October 29, the U.S. Federal Reserve lowered interest rates by 25 basis points to the current 3.75% to 4.00% range. Minutes of the Federal Open Market Committee ... (full story)