Gold Barely Reacts to Fed Hold — Is a Break Below $3,975 Coming?

Gold traded around $4,040 Thursday, showing little lasting reaction to the Fed’s expected hold at 3.75–4.00%—even after Governor Lisa Cook’s surprise dissent for an immediate hike. With December tightening already 88% priced, today’s US Q3 GDP and PCE inflation data are the next real catalyst for whether $3,975.49 support holds or gives way toward $3,942.71 and below.

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