Gold Steadies Below $4,000 as Fed Remarks Parsed for Rate Clues
Gold Steadies Below $4,000 as Fed Remarks Parsed for Rate Clues
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Gold Steadies Below $4,000 as Fed Remarks Parsed for Rate Clues

🕒︎ 2025-11-04

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Gold Steadies Below $4,000 as Fed Remarks Parsed for Rate Clues

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Gold steadied as traders digested commentary from Federal Reserve policymakers for clues on the bank’s next move on interest rates. Bullion was little changed below $4,000 an ounce, after swinging between gains and losses on Monday. Fed Governor Lisa Cook said she saw the risk of further labor-market weakness as greater than the risk that inflation will pick up, but stopped short of endorsing another rate cut next month. Her comments echoed remarks from two of her colleagues, Mary Daly and Austan Goolsbee.

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