<\/p>\n\n\n\n
Gold prices eased on Thursday as investors took profits following the metal\u2019s historic surge past $4,000 per ounce<\/strong> on Wednesday, driven by heightened geopolitical tensions<\/strong> and growing bets on U.S. interest rate cuts<\/strong>.<\/p>\n\n\n\n Spot gold slipped 0.2% to $4,029.86\/oz<\/strong> as of 06:42 GMT, retreating from a new record high of $4,059.05<\/strong> reached in the prior session. Meanwhile, U.S. gold futures for December delivery<\/strong> declined 0.6% to $4,047.80<\/strong>.<\/p>\n\n\n\n Markets remained cautious after Israel and Hamas<\/strong> agreed to the first phase of President Donald Trump\u2019s Gaza peace plan<\/strong>, including a ceasefire and hostage exchange<\/strong>, which could mark a turning point in the two-year conflict<\/strong> that the U.N. described as genocidal.<\/p>\n\n\n\n At the same time, Federal Reserve meeting minutes<\/strong> released Wednesday revealed policymakers viewed risks to the labor market as significant enough to justify further rate cuts<\/strong>, despite ongoing concerns about inflation. Traders now expect a 25-basis-point cut in both October and December<\/strong>, with probabilities of 93% and 78%<\/strong>, respectively, according to CME FedWatch<\/strong>.<\/p>\n\n\n\n Lower rates typically boost gold\u2019s appeal as a non-yielding safe-haven asset<\/strong>, especially during economic uncertainty<\/strong>.<\/p>\n\n\n\n Gold\u2019s rally this year\u2014up 54% year-to-date<\/strong>\u2014has been supported by massive central bank purchases<\/strong>, record ETF inflows<\/strong>, and a weaker U.S. dollar<\/strong>. Elsewhere in the precious metals market:<\/p>\n\n\n\n Despite the slight pullback, analysts expect gold\u2019s momentum to remain strong in the near term, supported by geopolitical risks<\/strong>, monetary easing expectations<\/strong>, and broad risk aversion<\/strong>. Many see the $4,000 level as a new support threshold as investors continue to hedge against policy and market uncertainty.<\/p>\n","protected":false},"excerpt":{"rendered":" Gold prices eased on Thursday as investors took profits following the metal\u2019s historic surge past $4,000 per ounce on Wednesday, driven by heightened geopolitical tensions and growing bets on U.S. interest rate cuts. Spot gold slipped 0.2% to $4,029.86\/oz as of 06:42 GMT, retreating from a new record high of $4,059.05 reached in the prior …<\/p>\n","protected":false},"author":9,"featured_media":104649,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[],"class_list":["post-119741","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=119741"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119741\/revisions"}],"predecessor-version":[{"id":119742,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119741\/revisions\/119742"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/104649"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=119741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=119741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=119741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\n\n\nCeasefire Progress and Fed Outlook Boost Volatility<\/h3>\n\n\n\n
\n\n\n\nGlobal Unrest and Central Bank Buying Fuel Gains<\/h3>\n\n\n\n
Recent political upheaval in Japan and France<\/strong>, combined with the ongoing U.S. government shutdown<\/strong>, has further accelerated demand for safe assets like bullion.<\/p>\n\n\n\n
\n\n\n\nBroader Metals Complex Mixed<\/h3>\n\n\n\n
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\n\n\n\nOutlook<\/h3>\n\n\n\n