Gold News: Rate Cut Hopes Fade, Gold Tests Critical Zone Between $4065.83-$4023.35
16 Nov 2025 | Category: Business
Gold price falls 3% as Fed officials push back on rate cut hopes. Traders eye key support between $4065.83–$4023.35 for the next directional move.
Gold Price Drops as Fed Officials Push Back on Rate Cut Bets
Spot Gold (XAUUSD) tumbled on Friday, shedding more than 3% intraday, as hawkish Federal Reserve remarks triggered a sharp risk-off reaction across global markets. Despite the late-week rev...
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