Archive · 24 Nov 2025
Gold Rebounds on Fed Rate Cut Hints, Geopolitical Tensions
Gold prices went down a little bit but then went back up again.
This happened because a important person from the US central bank said they might lower interest rates soon.
Also, there's a big disagreement between the US and Russia about Ukraine, which makes people want to buy gold.
This year, gold has been really expensive, and it's probably going to be the most expensive it's been in a long time.
Right now, gold is $4,070.21 an ounce, but it went down a tiny bit today.
Gold trimmed losses after NY Fed President John Williams signaled a potential near-term rate cut
Williams' comments increased the likelihood of a December rate reduction to 68%
Geopolitical tensions, including US-Russia disagreement over Ukraine, supported gold prices
Gold has gained over 50% this year and is on track for its best annual performance since 1979
Gold fell 0.2% to $4,070.21 an ounce, with the Bloomberg Dollar Spot Index up 0.1%
- Who
- Gold, NY Fed President John Williams, US, Russia, Ukraine
- What
- Gold prices trimmed losses, increased likelihood of rate cut, geopolitical tensions
- When
- November 23, 2025
- Where
- Global markets, Ukraine
- Why
- Potential rate cut, geopolitical uncertainty
Pro-gold
Neutral/Uncertain
Rate cut likelihood
Pro-gold
Increased to 68%
Neutral/Uncertain
Previously around 35%
- Year-to-date gain
- Over 50%
- Likelihood of December rate cut
- 68%
- Geopolitical issue
- US-Russia disagreement over Ukraine