Gold slips as investors turn cautious ahead of Fed meeting | Metals Mine

  • Gold slips as investors turn cautious ahead of Fed meeting

    From brecorder.com

    Gold dipped on Thursday as investors booked profits and turned cautious ahead of next week’s U.S. Federal Reserve meeting, awaiting data for clearer cues on the central bank’s interest rate outlook. Spot gold slipped 0.5% at $4,179.71 per ounce, as of 0617 GMT. U.S. gold futures for December delivery were down 0.5% at $4,210.20 per ounce. “With investors a bit cautious ahead of the FOMC (Federal Open Market Committee) meeting, the market is largely pricing that the Fed will cut by 25 basis points… What the market needs now is a fresh trigger for (gold) prices to move higher,” ANZ commodity strategist Soni ... (full story)

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ZforexCM
Dec 4, 2025 3:18am
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Gold Held as ADP Miss Lifts Cut Expectations

Gold hovered above $4,210, staying close to a six-week high as ADP data showed a sharp 32,000 drop in private-sector jobs, reinforcing expectations of a Fed rate cut next week. The hiring slowdown, the weakest since 2023, strengthened the case for policy easing, with markets now assigning nearly a 90% probability of a 25-bp move.

Gold sees support around $4,170, while resistance is located near $4,250.
R1: 4250 | S1: 4170
R2: 4320 | S2: 4110
R3: 4380 | S3: 4000
Attached Image (click to enlarge)
Click to Enlarge Name: gold-held-as-adp-miss-lifts-cut-expectations-4887.png Size: 58 KB
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Trader#A306
Dec 4, 2025 3:25am
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Keep calm and buy gold.
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ShereenGul
Dec 4, 2025 6:30am
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i am new in market.....give suggestions plz
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Abdulrasool
Dec 4, 2025 7:01am
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Today news I going buy or sell tell me Xausd
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Trader#81C3
Dec 4, 2025 4:02am
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Good day in xauusd today making almost 404$ today
Reply

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