{"id":19895,"date":"2025-11-12T11:11:40","date_gmt":"2025-11-12T10:11:40","guid":{"rendered":"https:\/\/dzwatch.dz\/?p=19895"},"modified":"2025-11-12T11:11:44","modified_gmt":"2025-11-12T10:11:44","slug":"gold-prices-surge-for-fourth-consecutive-day","status":"publish","type":"post","link":"https:\/\/dzwatch.dz\/?p=19895","title":{"rendered":"Gold Prices Surge for Fourth Consecutive Day"},"content":{"rendered":"

Gold prices continued their upward trajectory for the fourth consecutive day, fueled by a weakening US dollar and growing anticipation that the end of the government shutdown in the United States, coupled with forthcoming economic data, will bolster expectations of a US interest rate cut next month.<\/strong><\/p>\n

The US Senate recently approved a compromise agreement aimed at resolving the longest government shutdown in US history. This development is expected to bring an end to the weeks-long impasse that has disrupted food assistance programs for millions of citizens, left hundreds of thousands of government employees without pay, and caused significant disruptions to air travel.<\/p>\n

Spot gold rose by 0.4% to $4,142.70 per ounce by 00:12 GMT, having reached its highest level since October 23rd on Tuesday. US gold futures for December delivery also experienced a significant increase, climbing by 0.8% to $4,149.20 per ounce.<\/p>\n

Concurrently, the dollar index declined for the fifth consecutive session, making gold a more attractive investment for holders of other currencies.<\/em> The weakening dollar has historically had an inverse relationship with gold prices. A weaker dollar makes gold, which is priced in dollars, less expensive for investors holding other currencies, thus increasing demand and pushing prices higher.<\/p>\n

Analysts are closely watching upcoming economic data releases, particularly those related to inflation and employment, as these figures will likely influence the Federal Reserve’s decision regarding interest rate policy. A weaker-than-expected economic performance could strengthen the case for an interest rate cut, further supporting gold prices. Conversely, strong economic data could temper expectations of a rate cut and potentially put downward pressure on gold.<\/p>\n

The resolution of the US government shutdown has also instilled a sense of optimism in the market, as the return of government services and the resumption of economic data collection are expected to provide a clearer picture of the US economic outlook. However, some analysts caution that the long-term impact of the shutdown on the economy remains to be seen.<\/p>\n

More Economy articles on DZWatch<\/a><\/p>\n

DZWatch – Your News Portal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Gold prices continued their upward trajectory for the fourth consecutive day, fueled by a weakening US dollar and growing anticipation that the end of the government shutdown in the United States, coupled with forthcoming economic data, will bolster expectations of a US interest rate cut …<\/p>\n","protected":false},"author":1,"featured_media":19896,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"cybocfi_hide_featured_image":"","iawp_total_views":3,"footnotes":""},"categories":[50],"tags":[],"class_list":["post-19895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economie-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/19895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19895"}],"version-history":[{"count":1,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/19895\/revisions"}],"predecessor-version":[{"id":19897,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/19895\/revisions\/19897"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/media\/19896"}],"wp:attachment":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}