Today's news

International News – Thursday, November 13, 2025, 07:03 – InfoQuest News Agency (IQ)

Gold futures closed more than 2% higher in New York on Wednesday (Nov 12), surging past the $4,200 level. The rally was boosted by a drop in U.S.

government bond yields, along with hopes that U.S. federal agencies would reopen, allowing the release of key economic data before the Federal Reserve's

(Fed) December monetary policy meeting. Investors continue to anticipate that the Fed will cut interest rates during this meeting.

Gold futures for December delivery on the COMEX (Commodity Exchange) rose by $97.3, or 2.36%, closing at $4,213.60 per ounce.

The U.S. 10-year Treasury yield dropped by 1%, hitting its lowest level since November 5. This provided support to the market, as a decline in bond yields

lowers the opportunity cost of holding gold, an asset that does not yield interest.

The U.S. House of Representatives is scheduled to vote on a temporary budget bill on Wednesday (U.S. time), or Thursday morning (Nov 13) (Thailand

time). The aim is to end the longest government shutdown in U.S. history. If the House approves the bill, it will be sent to President Donald Trump to be

signed into law.

Analysts at JPMorgan forecast that the price of gold will exceed $5,000 per ounce by the fourth quarter of 2026. This surge is expected to be driven by

central banks and consumers being key buyers during periods when gold prices soften.

ANZ Bank stated in a report that the gold price has broken past the $4,050 per ounce resistance level. The next resistance is now projected to be in the

$4,160–$4,170 range. Should the gold price break through this range, it has the potential to climb towards its historical high of $4,381 per ounce.