Gold Futures Dip, Inflation & Interest Rates Impact
Update: 2025-11-17
Description
Gold futures opened at $4,884.40 per ounce, a slight dip from Fridays close. Despite a complex economic picture with inflation and job market concerns, gold prices saw a small decrease in early trading. The probability of a December interest rate reduction has dropped significantly, which could impact gold demand due to its non-interest-bearing nature. Despite recent fluctuations, golds opening price is up 59.2% from a year ago, indicating a strong long-term trend.
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