Spot gold fell 0.2% to $4,157.29 an ounce at 16:01 GMT. US gold futures for December delivery fell 0.2% to $4,154.30 an ounce.
The precious metal has lost 5% since hitting a record $4,381.21 an ounce on October 20, but has generally held above the key $4,000 an ounce mark.
According to Reuters , Analysis and comments: The factors supporting the gold market generally remain unchanged, including Even as slowing US economic growth leads to lower interest rates and a weaker dollar, demand for safe havens remains. maintained , along with strong gold buying from central banks.
Mixed signals from the Fed on the timing and size of rate cuts have fueled demand for hedging through interest rate options and derivatives linked to overnight rates.
Grandfather Kevin Hassett, who is emerging as a leading candidate to replace Chairman Jerome Powell, has backed President Donald Trump's call for lower interest rates.
Statements this week from San Francisco Fed President Mary Daly and Fed Governor Christopher Waller also reinforced expectations for a cut.
The current trading community The Fed sees an 85% chance of a rate cut next month, up from just 30% a week ago, according to CME FedWatch data.
Non-yielding asset gold typically benefits in low interest rate environments.
US markets are closed on Thursday for Thanksgiving and will trade in a shortened session on Friday.
Spot silver fell 0.3% to $53.17 an ounce, platinum rose 1% to $1,604.72 an ounce and palladium rose 0.5% to $1,430.40 an ounce.
Source: https://baoninhbinh.org.vn/gia-vang-hom-nay-2811-gia-roi-khoi-dinh-hai-tuan-gioi-dau-tu-can-nhac-kha-nang--251128055046354.html
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