Gold Holds Gains After Minutes

2025-11-19 19:23 By Felipe Alarcon 1 min. read

Gold held above the $4,070 mark on Wednesday after the Fed’s October minutes revealed a clear split among officials with most seeing further cuts as likely at some point but many signalling that a December move is not a foregone conclusion, a nuance that trimmed near term rate cut odds and removed some impetus from bullion.

That cautious tilt left gold caught between a firmer dollar and lingering safe haven and geopolitical demand, so prices held near recent levels rather than extending a rally.

Markets have pared expectations for a December cut to roughly the 30s percent on the CME FedWatch tool which has refocused attention on the delayed US jobs report and further Fed messaging as the next likely triggers for direction.

The jobs print is expected to show only modest payroll gains around 50,000 Meanwhile, concerns over elevated tech valuations have weighed on risk sentiment, further bolstering gold’s appeal as a safe-haven amid ongoing equity market weakness.



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