Gold price today, Monday, December 15: Gold opens above $4,300 as rate outlook remains unclear

Gold (GC=F) futures opened at $4,330 per troy ounce Monday, nearly even with Friday’s closing price of $4,328.30. The price of gold moved above $4,370 in early trading. After the widely anticipated rate reduction by the Fed last week, gold traders are looking ahead to the Fed’s next rate action. One complication — for the Fed and those trying to predict the Fed’s next move — is the delay or cancellation of key economic reports on labor, inflation, and spending due to the government shutdown. Speeches ...