Gold Prices Fall as Fed Rate Cut Probability Jumps to 72%

TLDR Gold prices dipped to $4,052-$4,065 per ounce on Monday as improving risk appetite reduced safe-haven demand Federal Reserve rate cut expectations for December surged from 40% to 67-72% after NY Fed President John Williams signaled potential cuts Williams cited softening labor market concerns and easing inflation risks as reasons to lower borrowing costs U.S. […] The post…