Gold Forecast: Volatility and Fed Uncertainty – 04 November 2025
Gold prices hovered near $4,000 on Monday, with fading momentum and rising uncertainty pointing to a possible distribution phase below key support.

Gold prices hovered near $4,000 on Monday, with fading momentum and rising uncertainty pointing to a possible distribution phase below key support.
The US dollar remains steady against the yen near ¥154, with strong support from interest rate differentials and long-term bullish momentum.
The S&P 500 struggles below 6,800 as traders react to Fed indecision, a prolonged U.S. government shutdown, and broader market caution.
The EUR/USD pair trades near a fresh three-month low of 1.1480, extending its slide amid persistent US Dollar (USD) strength. In the absence of relevant data, financial markets remain in a cautious mode, resulting in softer global indexes and a stronger US dollar.
Excessive valuations, the highest price-to-sales ratio in the S&P 500, and growth concerns outside the US raise concerns. Should you sell Palantir’s post-earnings drop?
Low valuations, healthy operational statistics, ongoing AI adoption, and its first-ever dividend form a solid foundation. Is the post-earnings drop in PyPal a buying opportunity?