Gold Edges Down As U.S. Fed Rate Cut Expectations Recede | Metals Mine

  • Gold Edges Down As U.S. Fed Rate Cut Expectations Recede

    From nasdaq.com

    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)

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ZforexCM
Nov 21, 2025 1:15am
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Gold eased toward $4,060 on Thursday after a stronger U.S. payrolls report pushed investors further away from expecting a December Fed rate cut. September jobs rose 119,000 versus the 50,000 forecast, tempering concerns about labor weakness even as unemployment ticked up to 4.4% and wages held at 3.8%. The mixed but firmer overall tone, along with sharply divided FOMC minutes, kept the probability of another cut near 39–40%.

With markets adjusting to the idea that October data will not be published before the meeting, traders see limited influence from the delayed print. Gold is on track for a small weekly loss, trading between support at $4,025 and resistance at $4,110.
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