-
Gold rebounds on renewed Fed rate cut hopes; oil, nickel face weekly declines
After having spent most of the day in the red, gold prices rebounded due to renewed expectations of a December interest rate cut by the Federal Reserve. On the other hand, silver prices dipped nearly 2%, but hopes for a rate cut limited losses. Oil prices fell, and were set for a weekly decline as the US pushed for a peace deal between Russia and Ukraine. Meanwhile, base metals were mixed with copper and nickel largely flat, while aluminium and zinc fell. Gold experienced a rebound on Friday, partially offsetting its earlier intraday losses. This recovery was fueled by renewed expectations for a near-term interest ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
Federal Reserve Bank of New York President John Williams said he sees room for the US central bank to cut interest rates again in the near term as the labor market softens. In the text of a speech he delivered Friday in Santiago, Chile, Williams said downside risks to employment have increased while upside risks to inflation have eased. I view monetary ...
US business activity growth accelerated for a second successive month in November, according to early flash PMI data, accompanied by the largest rise in new business seen so far this year. Confidence in the year ahead outlook also improved markedly, notably reflecting reduced worries over the political environment and hopes for increased policy support to ...
From marketpulse.com | Nov 21, 2025
Recent days have brought significant changes in investor expectations regarding the Federal Reserves monetary policy, which have notably impacted the futures market, bond yields, and precious metals especially silver. The rising probability of a rate cut in December has triggered increased price volatility in the silver market, potentially signaling more ...