Gold price today, Thursday, November 20: Gold holds as rate-cut hopes dwindle

Gold (GC=F) futures opened at $4,079.90 per ounce on Thursday, down 0.1% from Wednesday’s close of $4,082.80. Gold has not opened above $4,100 since Nov. 14. The Federal Reserve committee that sets interest rates released minutes from its October meeting on Wednesday. The notes confirm policymakers had “strongly differing views” on the appropriate rate action for the next meeting in December. “Many” committee members said their economic outlooks would likely support no rate change in December. Learn mo ...