Overview
- Spot bullion hovered near $4,110–$4,125 per ounce after a three‑day rise, having touched an intraday high around $4,148 before easing.
- In India, MCX December futures rose by Rs 328 to Rs 1,24,241 per 10 grams and Delhi cash prices later climbed Rs 2,000 to Rs 1,27,900, with silver rallying strongly as well.
- Pakistan’s local market logged gains on Nov. 11–12, then edged lower on Nov. 13 to Rs 434,762 per tola, according to national associations.
- Traders priced higher odds of a Federal Reserve rate cut next month and looked to the restart of official US economic releases as the government reopens following Senate passage of a funding plan.
- Analysts flagged near‑term resistance around $4,190–$4,210 and support near $4,110–$4,075, while central‑bank demand and renewed ETF flows keep gold on track for its strongest year since 1979.