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لبنان ٢٤
Metals face key US test
Gold and silver prices are awaiting US inflation data, which will affect interest-rate expectations and the metals’ trajectory. A lower-than-expected reading could support a recovery, while a higher reading could intensify selling pressure. The odds of a Federal Reserve rate hike in December surged to about 99%, up from 74% a week earlier. Gold fell globally to around $4,120 an ounce, while silver slipped to nearly $53. Falling oil prices—with Brent crude briefly dipping below $90 a barrel—could give the metals some relief if they ease inflationary pressures.
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