Gold (XAUUSD) enters consolidation: everyone is watching the future Fed rate decision
Gold (XAUUSD) prices have declined to 4,050 USD, with the market uneasy about future prospects. Find more details in our analysis for 24 November 2025.
XAUUSD forecast: key trading points
Market focus: gold (XAUUSD) is tracking shifts in sentiment regarding the Fed interest rate
Current trend: despite the pullback, gold remains one of the year’s top performers with a 54% gain
XAUUSD forecast for 24 November 2025: 4,040 or 4,100
Fundamental analysis
Gold (XAUUSD) fell to 4,050 USD per ounce on Monday, extending Friday’s decline.
The market is awaiting new US data that could clarify the Federal Reserve’s monetary policy outlook. This week’s key releases include retail sales and the Producer Price Index for September, due on Tuesday, and weekly jobless claims, scheduled for release on Wednesday.
Expectations for a December rate cut shifted noticeably after New York Fed President John Williams expressed support for another reduction in the coming months. The market now estimates the likelihood of a 25-basis-point rate cut in December at roughly 70%, up from about 40% on Thursday after strong labour market data.
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