News

21 Nov 2025

Gold prices fall... and silver deepens its losses to 3%

Gold futures prices fell after a stronger-than-expected US jobs report reinforced expectations that the Federal Reserve would refrain from cutting interest rates at its December meeting.

During Friday's trading, December gold futures fell 0.5%, or $19.70, to $4,040.30 an ounce.

Spot gold also declined, dropping 0.85% to $4,043.15 an ounce, while silver fell more than 3% to $49.02 an ounce.

Meanwhile, the dollar index, which measures the performance of the US currency against a basket of six major currencies, edged down 0.1% to 100.04 at 11:39 AM Mecca time.

Silver futures for December delivery fell 2.75% to $49.56 an ounce, while spot prices for platinum and palladium both declined, losing about 0.45% to $1,511.84 and 0.6%, respectively, to $1,372.59.

According to FedWatch, expectations for a 25-basis-point interest rate cut at the Federal Reserve's December meeting dropped to 35.4% from 98.1% a month earlier, while expectations for no-deal Brexit rose to 64.6% from 1.7%.

Latest News

#News 21 Nov 2025
The euro is attempting to recover ahead of key European sector data releases

The euro rose in European trading on Friday against a basket of major currencies, attempting to reco...

Read More
#News 21 Nov 2025
Eurozone private sector activity slowed slightly in November

Eurozone private sector activity remained robust in November despite a slight slowdown in the pace o...

Read More
#News 21 Nov 2025
Gold prices fall... and silver deepens its losses to 3%

Gold futures prices fell after a stronger-than-expected US jobs report reinforced expectations that...

Read More
#News 21 Nov 2025
The White House: The United States will not participate in the formal G20 talks

The White House on Thursday confirmed that the United States will not participate in the G20 summit...

Read More
arrow