Gold price today, Monday, November 24: Gold remains below $4,100 despite rising hopes for a rate cut
Gold futures (GC=F) opened at $4,069.20 an ounce on Monday, down 0.3% from Friday’s close of $4,079.50. The price of gold has remained below $4,100 since November 19. The short-term interest rate outlook continues to influence the demand and price of the yellow metal. Traders are currently predicting a 73.5% chance that the Federal Reserve…