a day ago
0
0
Posted On: November 2nd 2026, 05:11 am
🟡 War Rages On, Gold Hits a One-Year Low: Why Is Safe-Haven Demand Failing? | November 2, 2026 (Monday)
Front-month gold futures fell 3.3% on Friday to ~$3,885, the lowest close in over a year.
📌 Why isn't safe-haven demand helping?
🔻 Fed held rates, but markets still price in a possible December hike
🔻 Higher rate expectations raise the opportunity cost of holding gold
🔻 Geopolitical risk lifts oil, reinforcing tightening expectations
🌍 Still a fluid situation:
US-Iran indirect talks continue, with Iran saying Hormuz could reopen within two days;
but Tehran warns of broader strikes if attacked again, and energy supply risks persist.
📅 This week: US-Iran negotiations, Friday's US October jobs report
Follow us for more: https://fortuneprime.com/
CFDs Trading is risky. Please ensure you fully understand the risks involved before engaging in any transactions with us. #fortuneprimeglobal #fpgfortuneprimeglobal #fpg #Gold #FederalReserve #OilPrices #BrentCrude #Iran #UnitedStates #DonaldTrump #MiddleEastConflict #Russia #Ukraine
Front-month gold futures fell 3.3% on Friday to ~$3,885, the lowest close in over a year.
📌 Why isn't safe-haven demand helping?
🔻 Fed held rates, but markets still price in a possible December hike
🔻 Higher rate expectations raise the opportunity cost of holding gold
🔻 Geopolitical risk lifts oil, reinforcing tightening expectations
🌍 Still a fluid situation:
US-Iran indirect talks continue, with Iran saying Hormuz could reopen within two days;
but Tehran warns of broader strikes if attacked again, and energy supply risks persist.
📅 This week: US-Iran negotiations, Friday's US October jobs report
Follow us for more: https://fortuneprime.com/
CFDs Trading is risky. Please ensure you fully understand the risks involved before engaging in any transactions with us. #fortuneprimeglobal #fpgfortuneprimeglobal #fpg #Gold #FederalReserve #OilPrices #BrentCrude #Iran #UnitedStates #DonaldTrump #MiddleEastConflict #Russia #Ukraine
More posts
