Other Markets Bullion Markets News Details

Gold maintains upward momentum as investors anticipate early Fed recalibration

(25-Nov-25   14:37)

Gold futures surged beyond $4152 per ounce in the mid electronic session, extending their upward trajectory as increasingly dovish commentary from Federal Reserve officials reinforced expectations of a December rate cut. Although the dollar index hovered above 100, the prospect of looser monetary conditions continued to underpin robust demand for bullion. Market participants now turn their attention to the September retail sales and PPI figures due later today, followed by weekly jobless claims on Wednesday, for clearer insights into the US economic pulse and the Fed's policy calculus. MCX December gold futures rose 0.7% to ₹124695 per 10 grams, mirroring the global ascent. With broader risk sentiment still cautious, traders suggest gold may retain its buoyancy ahead of the forthcoming data releases.

Powered by Capital Market - Live News