Archive · 22 Nov 2025
Gold Steady Amidst Rate Cut Bets and Mixed Jobs Data
Gold prices didn't change much today.
People who trade gold think the U.S. might lower its interest rates in December.
This makes gold more attractive because it doesn't give you interest like other things do.
But some people also think gold might go down if stocks do well.
The number of jobs in the U.S. went up more than expected, but the unemployment rate also went up.
Gold prices held steady on Friday after earlier falling over 1%
Traders increased bets on a December U.S. interest rate cut following dovish Fed comments
Spot gold was steady at $4,086.57 per ounce, set for a weekly gain of 0.1%
U.S. gold futures for December delivery settled 0.5% higher at $4,079.5 per ounce
The delayed jobs report showed a mixed labor market picture, with nonfarm payrolls rising by 119,000 in October
- Who
- Gold traders, U.S. Federal Reserve members, U.S. job market
- What
- Gold prices held steady, traders increased bets on a rate cut, mixed jobs data released
- When
- Friday, October (exact date not specified)
- Where
- U.S., global gold markets
- Why
- Due to dovish Fed comments, mixed jobs data, and potential impact of stock market performance on gold prices
Gold Bulls
Hawkish Fed Members
Rate Cut Expectations
Gold Bulls
Supportive of gold prices due to low-interest-rate environment
Hawkish Fed Members
Prefer to leave the policy rate on hold for a time
- Weekly Gold Gain
- 0.1% so far
- Rate Cut Probability
- 74% chance in December
- Nonfarm Payrolls Increase
- 119,000 in October
- Unemployment Rate
- Climbed to a four-year high