-
Gold climbs to near two-week high on reinforced US rate cut bets
Gold climbed a near two-week high on Wednesday, after new U.S. economic data bolstered expectations of an interest rate cut by the Federal Reserve in December and weighed on the dollar. Spot gold rose 0.8% to $4,161.10 per ounce, as of 0241 GMT, its highest since November 14. U.S. gold futures for December delivery fell 0.5% to $4,159.00 per ounce. “Expectations are now being shaped more towards a December rate cut occurring…the case for which has been strengthened by a chorus of dovish remarks from Fed officials and benign economic data, which is boosting gold from a yield perspective,” said KCM Trade Chief ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From news.sky.com|Nov 26, 2025A raft of tax rises is expected in the budget this lunchtime - with the chancellor acknowledging that voters are "angry at the unfairness in our economy". In a newly released ...
From thestar.com|Nov 25, 2025The federal government plans to limit foreign steel imports and cut interprovincial rail freight rates in a bid to support Canada’s steel industry threatened by damaging U.S. ...
From oilprice.com|Nov 25, 2025The global energy and industrial sectors run on rare earth elements (REEs), a group of 17 metals indispensable for everything from EV batteries and smartphones to wind turbines ...
-
- Newer Stories
From miningweekly.com|Nov 26, 2025Australia’s Fenix Resources said on Tuesday it has added a further 240 000 t of iron-ore hedging for 2026, lifting its total hedge book to 840 000 t at an average fixed price of ...
From @FirstSquawk|Nov 26, 2025|3 commentsEU VON DER LEYEN: EUROPE MUST KEEP UP PRESSURE ON RUSSIA VON DER LEYEN: RUSSIA'S PLAYBOOK HAS NOT CHANGED EU VON DER LEYEN: WELCOME EFFORTS LEAD BY US PRESIDENT TRUMP EU'S VON DER LEYEN: ANY AGREEMENT SHOULD DELIVER A JUST AND LASTING PEACE
From ecb.europa.eu|Nov 26, 2025Stretched valuations in increasingly concentrated asset markets raise risk of sharp price adjustments Fiscal challenges in some advanced economies could test investor confidence ...
- Story Stats
- Nov 26, 2025 1:05am Posted byFundamental Analysis4,858
- Instrument:
