Gold prices retreated Monday, reversing gains seen last week following the end of the U.S. government shutdown, as shifting expectations surrounding Federal Reserve policy weigh on the market.Investors are now assessing the likelihood of a December interest rate cut, a possibility that has diminished amid signals from the Fed and a backlog of delayed economic data [[2]]. The precious metal is currently trading at $4,080 per ounce, with meaningful regional variations in Turkish lira pricing.
HABER MERKEZİ
Oluşturulma Tarihi: Kasım 17, 2025 07:56
Gold prices are down at the start of the week as the Fed signals a reluctance to cut interest rates. Investors are now focused on key U.S. economic data set to be released this week.
Gold prices, which rose last week following the resolution of a U.S. government crisis, began the week on a downward trend as expectations for an interest rate cut by the U.S. Federal Reserve in December diminished. The precious metal often moves inversely to interest rates, as lower rates make non-yielding assets like gold more attractive.
Gold is currently trading at $4,080 per ounce, while gram gold is being purchased for 5,550 Turkish Lira. In the Grand Bazaar, gram gold is selling for 5,805 TL, and a quarter gold coin is available for 9,469 TL.
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Investors are closely watching for a delayed release of key U.S. economic data this week. The longest government shutdown in U.S. history concluded when President Donald Trump approved a temporary budget. With the federal government reopened, numerous critical economic indicators will now be published with a delay, and these figures are expected to heavily influence the Federal Reserve’s potential interest rate decision following its December meeting.
Experts suggest the probability of a rate cut by the Fed in December is decreasing. The market is pricing in a more cautious approach from the central bank, given recent economic developments and the delayed data release.
