--- title: "The Federal Reserve's \"third-in-command\" fails to boost gold prices with dovish remarks, as gold prices await retail data to break the consolidation pattern" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/267100662.md" description: "Gold prices remain stable as the market focuses on the possibility of the Federal Reserve cutting interest rates before the end of the year. New York Fed President John Williams stated that the labor market is slowing, providing room for rate cuts in the short term. The U.S. government shutdown has delayed the release of economic data, and the market is awaiting retail sales and unemployment claims data to assess the economic situation. Futures traders expect a slightly higher than 69% chance of a 25 basis point rate cut by the Fed next month. Gold prices have risen approximately 55% this year" datetime: "2025-11-24T02:45:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/267100662.md) - [en](https://longbridge.com/en/news/267100662.md) - [zh-HK](https://longbridge.com/zh-HK/news/267100662.md) --- > 支持的语言: [English](https://longbridge.com/en/news/267100662.md) | [繁體中文](https://longbridge.com/zh-HK/news/267100662.md) # The Federal Reserve's "third-in-command" fails to boost gold prices with dovish remarks, as gold prices await retail data to break the consolidation pattern According to Zhitong Finance APP, on Monday morning in Asia, gold prices remained stable. The market is assessing the possibility of the Federal Reserve cutting interest rates again before the end of the year. As of the time of writing, the spot gold price fluctuated around $4,050 per ounce, having fallen 0.3% on Friday. The U.S. Dollar Spot Index rose by 0.1%. Prices for silver, platinum, and palladium also saw slight increases. ![fda86a09855c42923ceca3a67b40cbf.png](https://imageproxy.pbkrs.com/https://img.zhitongcaijing.com/image/20251124/1763950393885405.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) Last Friday, New York Fed President John Williams stated that given the gradual slowdown in the labor market, there is still room to lower borrowing costs in the short term, although other officials were more cautious in their stance. Following Williams' remarks, gold prices briefly rebounded to $4,100, then declined, ultimately settling back around $4,050. The U.S. government shutdown has delayed the release of economic data, which is typically used by the market to assess the likelihood of interest rate cuts. The U.S. retail sales and producer price data for September, scheduled for release on Tuesday, along with unemployment claims data set for Wednesday, will provide a much-needed temperature check on the economic situation. Futures traders expect a slightly higher than 69% chance that the Federal Reserve will cut rates by 25 basis points next month. Since gold prices surged to a record high of $4,380 per ounce on October 20, the gold market has been in a consolidation phase. Year-to-date, gold prices are still up about 55%, thanks to increased uncertainty in trade and geopolitics, as well as concerns over the deteriorating fiscal conditions of many governments ### 相关股票 - [FL2CSOPGOLD (07299.HK)](https://longbridge.com/zh-CN/quote/07299.HK.md) - [SPDR Gold Shares (GLD.US)](https://longbridge.com/zh-CN/quote/GLD.US.md) ## 相关资讯与研究 - [Is the Era of Global Central Bank Gold Buying Really Coming to an End?](https://longbridge.com/zh-CN/news/281625039.md) - [Markets await Trump speech](https://longbridge.com/zh-CN/news/281441048.md) - [Logan Favors Rule Changes to Shrink Fed Balance Sheet](https://longbridge.com/zh-CN/news/281554329.md) - [PRECIOUS-Gold slides sharply as oil surges on dimming hopes of end to Iran war](https://longbridge.com/zh-CN/news/281518637.md) - [BUZZ-Gold miners gain as bullion rises on weaker dollar](https://longbridge.com/zh-CN/news/281343103.md)