Gold Price Today: $3,879 Saturday Week Ahead, FOMC Minutes and Retail Sales, Bull $4,000, Bear $3,800 - FinanceFeeds
Gold
AI desk brief
- Gold finished Friday 13 November near $3,879/oz, down nearly 4.5% for the week, with the US 10-year nominal yield at 5.15% and the dollar near a 19-month high; reported FedWatch pricing indicated a December hike was almost certain.
- The article’s bearish reference is $3,800 if strong retail sales and hawkish Fed minutes lift yields and $3,852 support breaks; its base range is $3,852–$3,900 if data meet forecasts and lows hold.
- Its bullish reference is $4,000 if soft data or divided minutes reduce hike odds and weaken the dollar. These are reference scenarios, not forecasts; Société Générale estimates potential index-rebalancing buying of $3.3 billion, not confirmed flows.
Sources used
- S1 FinanceFeeds via Google News — Gold Price Today: $3,879 Saturday Week Ahead, FOMC Minutes and Retail Sales, Bull $4,000, Bear $3,800 - FinanceFeeds