Gold
Gold futures slipped 0.3% to $4,220.10 per ounce, while spot gold retreated 0.3% to $4,190.13 an ounce at the time of writing.
In response, rate futures priced in nearly a 90% chance of a 25 bps cut next week.
Brazil also recorded strong demand, adding 16 tonnes in its second consecutive month of purchases, bringing reserves to 161 tonnes.
Silver retreated from its record high of $58.83 hit on Monday, easing 0.1% to $57.90 per ounce. It has risen over 100% year-to-date.
Lower interest rates tend to favor non-yielding assets such as gold.
JPMorgan forecasts gold above $5,055 in late 2026, while Morgan Stanley expects $4,400.
While questions are building over how long gold's record rally can last, top forecasters are bullish over the yellow metal's outlook.
Investors are also pricing in three additional cuts by the end of 2026.
Meanwhile, prosecutors say it’s worth it to warn people about this gold scam.
Non-yielding gold tends to do well in an environment of low interest rates, and during geopolitical and economic instability.
Assuming those conditions persist, BofA argues that bullion could climb to $5,000 an ounce in 2026.
Ten-year U.S. Treasury yields stabilized at 4.08%, while real yields dipped to 1.84%.
Gold, a traditional safe haven, has risen 55% this year, hitting a record high of $4,381.22 on October 20.
The gold consumption in the country recorded its weakest quarter since 2020, falling significantly to 118 tonnes.
Traders are also awaiting a slew of economic data that’s due Thursday after the US government reopened last week.
The Chinese gold ETFs witnessed notable inflows in October, adding $4.5 billion during the month.
Markets now await minutes from the Fed’s last meeting, due on Wednesday, and September jobs data on Thursday, both delayed due to the U.S. government shutdown.
That creates a real dilemma for investors deciding if now is the moment to act or if patience makes more sense.
This year, gold has soared to a market cap of $28.3 trillion, significantly outperforming Bitcoin’s $1.9 trillion.
One way to invest in gold that also provides significant tax advantages is to open a gold IRA with the help of Thor Metals.
The gold-silver ratio has so far in 2025 set its highest annual level ever outside of WW2.
Each length reported is a core intercept, the run of rock cut by the drill.
Safe havens such as the Japanese yen and U.S. Treasuries initially retreated, with the mood favouring risk-taking.
The policies are effective from 1 November 2025 to 31 December 2027.
Comex silver futures edged lower last week and finished at USD 48.14 an ounce.