The Federal Reserve may not cut interest rates due to lagging data, gold prices drop by 1%

AASTOCKS
2025.11.17 22:36

Market expectations are that the Federal Reserve will not cut interest rates until the lagging backlog data is released, leading to a drop in gold prices on Monday. Spot gold recently fell by $39.1 or 1%, trading at $4,044.96 per ounce.

December gold futures fell by $19.7 or 0.5%, trading at $4,074.5 per ounce.

December silver futures rose by 0.1%, trading at $50.711 per ounce.

December copper futures fell by 1%, trading at $5.012 per pound.

January platinum futures fell by 0.6%, trading at $1,555.7 per ounce.

December palladium futures fell by 0.6%, trading at $1,418.3 per ounce

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