Gold Prices Surge Amid Renewed Fed Rate Cut Hopes

  • November 7, 2025
  • Posted by: EWGFX
  • Category: news
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Gold Grows As Rate Cut Hopes Rise Again. What’s Driving The Surge?
Gold surged on Friday, fuelled by fresh signs of a slowing U.S. economy. But what does this mean for the markets—and your trading strategy? Find the full breakdown below.

  • Events. Gold prices have jumped to around $4,000 per ounce.
  • Background. Softer-than-expected U.S. labour data showed that job cuts tripled in October—the sharpest rise in over 20 years—pointing to slowing consumer demand. The dollar weakened in response, making gold more attractive to foreign buyers.
  • Possible outcome. Job cuts overshadowed more upbeat private payroll data, adding weight to expectations of a December rate cut. Markets are now pricing in a 69% chance.

Monitor upcoming news and reports. If economic data continues to disappoint and the Federal Reserve moves to cut rates, gold could remain in demand as a safe-haven asset.

EUR/USD Price Increased. Is the Long-Term Downtrend Still in Play?
EUR/USD grew on Thursday, but despite recent gains, the long-term trend remains bearish. Could the US dollar continue to lose strength, or is this just a temporary bounce? Find out in our analysis.

  • Events. The EUR/USD rose to 1.1550 as the U.S. dollar weakened after a rise in layoffs. The softening came despite strong economic data, including better-than-expected ADP and ISM Services PMI reports.
  • Background. The struggling dollar pushed expectations for a Federal Reserve (Fed) rate cut. Meanwhile, the European Central Bank (ECB) signalled no immediate policy changes, and some officials remained cautious about inflation. This led to short-term support for EUR/USD.
  • Possible outcome. If the dollar remains weak and the ECB holds rates steady, the euro could continue to rise. However, the overall trend is still bearish, and any significant dollar rebound could push the pair lower.

Watch for any surprises in the upcoming US NFP and CPI reports, as these could influence the Fed’s next move. If the U.S. dollar strengthens, it could lead to a bearish reversal in EUR/USD.