{"id":120434,"date":"2025-10-30T14:15:04","date_gmt":"2025-10-30T10:15:04","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120434"},"modified":"2025-10-30T13:44:25","modified_gmt":"2025-10-30T09:44:25","slug":"gold-rebounds-from-three-week-low-as-fed-cut-offers-modest-tailwind-trade-clarity-still-lacking","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-rebounds-from-three-week-low-as-fed-cut-offers-modest-tailwind-trade-clarity-still-lacking\/10\/30\/market-updates\/","title":{"rendered":"Gold rebounds from three-week low as Fed cut offers modest tailwind; trade clarity still lacking"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><\/h1>\n\n\n\n<p>Gold clawed back ground in Asian hours on Thursday, snapping a four-day slide as the Federal Reserve\u2019s quarter-point rate cut underpinned non-yielding assets and a dearth of concrete progress from U.S.\u2013China trade talks preserved a layer of haven demand. Spot prices rose 1.0% to <strong>$3,967.03\/oz<\/strong> by 02:51 ET (06:51 GMT), while <strong>U.S. gold futures<\/strong> eased <strong>0.4%<\/strong> to <strong>$3,983.10<\/strong>.<\/p>\n\n\n\n<p>The advance follows a brisk retreat that drove bullion to a <strong>three-week low<\/strong> earlier this week and erased a chunk of last week\u2019s surge above <strong>$4,300\/oz<\/strong>, as profit-taking met softer safe-haven bids. The Fed\u2019s move to <strong>3.75%\u20134.00%<\/strong> briefly weakened the dollar and nudged real yields lower, lending support to bullion. But gains were capped after Chair <strong>Jerome Powell<\/strong> stressed that a <strong>December rate cut is \u201cfar from a foregone conclusion,\u201d<\/strong> tempering hopes for a rapid easing cycle.<\/p>\n\n\n\n<p>Geopolitics added a second\u2014but tentative\u2014prop. President <strong>Donald Trump<\/strong> described his meeting with <strong>Xi Jinping<\/strong> in <strong>Busan<\/strong> as \u201camazing,\u201d pointing to headline progress on tariff reductions (to <strong>47%<\/strong> from <strong>57%<\/strong>) and on purchases of U.S. agricultural goods and rare-earth export flexibility. Markets, however, were left waiting for <strong>formal details or timelines<\/strong>, especially around sensitive areas like semiconductors\u2014limiting the durability of any risk-on impulse and helping gold stabilize above the <strong>$3,900<\/strong> handle.<\/p>\n\n\n\n<p>Across the complex, moves were mixed. <strong>Silver futures<\/strong> slipped <strong>0.7%<\/strong> to <strong>$47.61\/oz<\/strong>, while <strong>platinum<\/strong> rose <strong>0.7%<\/strong> to <strong>$1,594.80\/oz<\/strong>. <strong>Copper<\/strong> cooled after notching a fresh LME record on Wednesday (<strong>$11,200.4\/ton<\/strong>), with <strong>LME benchmark<\/strong> contracts down <strong>1.3%<\/strong> to <strong>$11,019.20\/ton<\/strong> and <strong>COMEX copper<\/strong> off <strong>0.7%<\/strong> to <strong>$5.17\/lb<\/strong>, as traders balanced tighter supply narratives against macro uncertainty.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Outlook<\/h3>\n\n\n\n<p>Near term, bullion\u2019s trajectory hinges on the <strong>path\u2014not just the pace\u2014of Fed easing<\/strong> and whether U.S.\u2013China headlines translate into signed measures. A sustained break back above the <strong>$4,000<\/strong> zone would signal fading downside momentum; failure to secure clearer macro catalysts risks renewed tests of this week\u2019s lows. For now, gold appears to be <strong>basing after a sharp de-risking<\/strong>, with event risk and data surprises likely to dictate the next leg.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold clawed back ground in Asian hours on Thursday, snapping a four-day slide as the Federal Reserve\u2019s quarter-point rate cut underpinned non-yielding assets and a dearth of concrete progress from U.S.\u2013China trade talks preserved a layer of haven demand. Spot prices rose 1.0% to $3,967.03\/oz by 02:51 ET (06:51 GMT), while U.S. gold futures eased &hellip;<\/p>\n","protected":false},"author":9,"featured_media":110167,"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":[38,37,36],"tags":[],"class_list":["post-120434","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120434","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=120434"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120434\/revisions"}],"predecessor-version":[{"id":120435,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120434\/revisions\/120435"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/110167"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}