Every day Information Nuggets | At present’s prime tales for gold and silver buyers November twenty first, 2025
Market Snapshot (as of 10:30 AM EST):(24-hour change)
Gold: $4,070/oz (down 0.2%)Silver: $49.80/oz (down 1.8%)
Fed’s Williams Opens Door to December Price Lower
New York Fed President John Williams gave gold bulls a shot within the arm Friday, saying the central financial institution nonetheless has “room for an additional adjustment within the close to time period” on rates of interest. Talking in Chile, Williams argued that draw back dangers to employment have elevated whereas inflation pressures have eased—a notable shift in tone from different Fed officers who’ve taken a tougher line towards slicing charges too shortly.
His feedback instantly moved markets. Treasury yields dropped sharply, and merchants now see a 64% probability of a quarter-point lower on the Fed’s December assembly—almost flipping in a single day from Thursday’s pricing. Williams carries critical weight on the rate-setting committee, holding a everlasting voting place alongside Chair Jerome Powell. However Williams’ optimism faces pushback from recent financial knowledge that’s complicating the Fed’s calculus…
Gold Stalls as Robust Jobs Information Dims Price Lower Hopes
Gold slipped Friday morning, buying and selling round $4,030-$4,050 per ounce, after a stronger-than-expected U.S. jobs report dampened expectations for a December Fed price lower. September nonfarm payrolls jumped by 119,000 — greater than double forecasts — whereas the unemployment price edged as much as 4.4%, the very best since late 2021. The shock has merchants rethinking their bets on near-term price cuts, which had fueled gold’s latest rally above $4,100.
The strengthening greenback didn’t assist both, making gold pricier for abroad consumers and slicing into demand throughout main Asian markets. Silver joined the retreat, falling 1.8%, whereas platinum and palladium additionally declined. With the Fed’s subsequent assembly simply weeks away, gold buyers at the moment are weighing whether or not the labor market’s resilience will preserve charges elevated longer — a headwind for bullion, which thrives when borrowing prices drop.
That uncertainty is reverberating throughout key gold markets worldwide…
Asian Gold Consumers Pull Again Amid Value Volatility
Gold demand throughout main Asian hubs weakened this week as wild worth swings saved consumers on the sidelines. In India, sellers have been compelled to supply reductions of as much as $21 per ounce — a pointy reversal from final week’s five-month highs — as home costs round ₹122,500 per 10 grams cooled wedding-season enthusiasm. Jewelers are holding off on stock buildup, ready for clearer worth path earlier than committing to bulk purchases.
China, the world’s prime gold shopper, confirmed related hesitation. Bodily gold there traded at par and even at a $5 low cost to identify costs, signaling softer demand regardless of the nation’s historically robust urge for food for the steel. Swiss customs knowledge underscored the development: gold exports to China fell 11% in October as elevated costs deterred consumers. The volatility has created a wait-and-see mentality amongst long-term buyers hoping for an even bigger correction earlier than leaping again in.
Job Openings Down 32% Since Debut of ChatGPT
U.S. job postings have fallen 32% since ChatGPT launched in November 2022, based on Federal Reserve knowledge, elevating recent questions on AI’s influence on the labor market. Younger staff are bearing the brunt: Stanford researchers discovered that job openings for early-career staff aged 22-25 have dropped 13% in AI-exposed fields like software program growth and customer support.
However the story could also be extra sophisticated than it seems. Some economists argue the true offender isn’t AI — it’s the Fed’s aggressive rate of interest hikes, which started in March 2022, the identical month job openings peaked. Greater charges have slammed sectors like development (down almost 40% year-over-year) and manufacturing, which rely closely on capital funding. In the meantime, one vibrant spot has emerged: healthcare. House well being aides, incomes a median $35,000 yearly, now characterize one of many few entry-level roles nonetheless rising—a stark reminder that whereas know-how reshapes white-collar work, demand for human-centered care stays robust.
The financial uncertainty buffeting jobs and charges is hitting danger property particularly exhausting.
Bitcoin Heads for Worst Month Since 2022 Crypto Collapse
Bitcoin is on monitor for its worst month-to-month efficiency because the 2022 crypto meltdown, sliding as a lot as 6.4% Friday to round $81,600. The most important cryptocurrency has now shed roughly 25% in November — its steepest single-month decline since June 2022, when the collapse of TerraUSD sparked a cascade of failures that introduced down FTX. The whole crypto market worth dropped under $3 trillion for the primary time since April.
The promoting has been brutal: $2 billion in leveraged positions have been liquidated in simply 24 hours, and U.S. Bitcoin ETFs noticed $903 million in outflows Thursday — their second-largest single-day redemption since launching. A crypto worry index now reveals “excessive worry” amongst merchants, matching ranges from the 2022 disaster. What’s puzzling is the timing. Regardless of a pro-crypto White Home beneath Trump and surging institutional adoption earlier this yr, Bitcoin has plummeted over 30% from its October document. The weak spot suggests buyers are prioritizing risk-off positioning amid broader market uncertainty — price lower doubts, stretched inventory valuations, and questions on whether or not the crypto rally bought forward of itself.
