Overview
- Comex December gold futures rose to about $4,236 an ounce after touching a three‑week high above $4,215 in spot trade, with the metal still on track for its strongest year since 1979.
- President Donald Trump approved a budget bill that ended the record 43‑day shutdown, restarting official economic releases even as the White House cautioned some October reports could be delayed.
- Indian prices jumped sharply, with Delhi spot levels reported near Rs 1.27–1.30 lakh per 10 grams and MCX December futures up to Rs 1,27,645, reflecting the global move and firmer Fed‑cut expectations.
- Pakistan’s market, which had surged earlier in the week, showed a modest pullback on Nov. 13 to about Rs 434,762 per tola as local prices tracked global consolidation.
- Silver extended its rally to a record near $54.41 on Comex, while analysts cited central‑bank and ETF demand, a softer dollar and bullish technicals with upside targets toward $4,368–$4,600 for gold alongside near‑term volatility risks.