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2025.11.1820:40:23UTC+00Gold Halts 3-Day Losing Streak

Gold prices increased to approximately $4,070 per ounce on Tuesday, ending a three-day downward trend. This shift comes as traders exercise caution ahead of a significant release of US economic data. Among the anticipated reports, the payroll figures expected on Thursday and the Federal Reserve’s minutes scheduled for Wednesday are of particular interest. Investors are concerned that these upcoming data points could limit the Federal Reserve's ability to ease monetary policy. Recently released data from the Labor Department indicated that initial jobless claims reached 232,000 for the week ending October 18th, while continuing claims rose to 1.957 million, marking the highest level since August and highlighting mixed signals in the labor market. In response to these developments, markets have reduced expectations for an interest rate cut by the Federal Reserve in December, with current money-market pricing reflecting a roughly 46% probability of a 25 basis point reduction.

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