Overview
- President Donald Trump signed legislation ending the record U.S. government shutdown, clearing the way for delayed inflation and jobs data to return to the calendar.
- Spot gold extended its rebound to trade above $4,100 and briefly near $4,210 per ounce, with prices on track for the strongest annual gain since 1979 after October’s record high.
- Indian bullion prices climbed with Delhi spot up Rs 2,000 to Rs 1,27,900 per 10g while MCX futures hovered near Rs 1,24,200, even as some city quotes later showed mild consolidation.
- Dubai retail rates crossed Dh500 per gram as 24K opened around Dh507.25, reflecting global strength, while Pakistan’s APGJSA reported earlier gains followed by a slight pullback on Nov. 13.
- Traders placed a roughly 60–65% probability on a December Fed cut, a backdrop that also lifted silver with futures and spot quotes posting notable intraday gains.