Dutch Central Bank Sale Announcement Imminent? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Dutch Central Bank Sale Announcement Imminent?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: sea_urchin	11/10/2025 5:49:09 PM
	Read Replies (1) of 81220

Gold prices rose to return above the key $4,000 an ounce level on bets that weak US jobs numbers will force the Federal Reserve to cut interest rates in December — despite the central bank issuing signs to the contrary. sputnikglobe.com In Monday’s New York trading, the spot price of gold, which reflects global trades in gold bullion, was at $4,094.40 an ounce by 8:00 US Eastern Time (13:00 GMT) — up $94.68, or 2.4%. US gold futures for December delivery on New York’s Comex were at $4,102.55 an ounce, up $92.75, or 2.3%. The rebound came after spot gold fell nearly 6.5% over three prior weeks of losses. The futures market gave up about 5% over the same period. Until last week, gold had struggled to regain its $4,000 perch amid indications from Fed Chairman Jerome Powell that the central bank could skip an interest rate cut in December due partly to the lack of credible data over US jobs growth. A blackout on US macroeconomics data had transpired in recent weeks after the US federal government went into a shutdown that began on October 1. Gold traders said the market was betting, however, on private employment data that showed the United States had suffered its worst round of layoffs in about 20 years in October. That ramped up bets that the Fed will opt for a rate cut at its December 9-10 monetary policy meeting to prevent further labor market weakness. The central bank had already reduced rates by a half percentage point at both its September and October policy meetings.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next