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Gold Holds Key Support Near $4,000 as Fed Cut Fails to Spark Rally
Yahoo Finance·2025-11-01 05:00

Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated assets—and may continue to in the future. Here’s what you need to know: Gold logged its second straight weekly loss, retreating below 3,900/ozbeforereboundingtohold3,900/oz before rebounding to hold 4,000/oz support. The Federal Reserve cut rates by 0.25%, but the move was widely expected an ...