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GOLD EDGES HIGHER AHEAD OF FOMC MINUTES AND JOBS DATA

Published on Nov 19, 2025 14:34

Gold advanced toward 4100 per ounce on Wednesday, extending its recent rebound as traders positioned themselves ahead of pivotal US economic cues. The forthcoming FOMC minutes and Thursday�s jobs report are expected to refine expectations around the Federal Reserve�s policy direction. On MCX, December gold futures gained 0.4% to ₹123160 per 10 grams, while silver outshone bullion with a rise of more than 1% to ₹156305 per kg. The dollar index held steady near 99.56, supported by muted hopes for near-term rate cuts. Fed rhetoric remained divided, with some officials warning of lingering inflation risks, even as Governor Christopher Waller signalled openness to easing amid signs of labor-market fatigue. Markets are also watching major US retail earnings for further insight into consumer resilience.

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