21 Nov 2025 | 3 Mins Read
Gold falls on strong US employment data, reducing rate cut hopes
Flipitmoney
Spot gold fell 0.2% to $4,062.79 per ounce, on track for a weekly decline. A stronger-than-expected US jobs report reduced expectations for a Federal Reserve rate cut next month to 39%, down from 60%. The dollar's strength makes gold more expensive for holders of other currencies. Spot silver slipped 0.4% to $50.39 per ounce.