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Indonesia News Portal for Traders | Financial & Business Updates

6 November 2025 15:39  |

Gold Shines on Central Bank Buying

Gold prices rose again on Thursday (November 6th), driven by increased demand as a safe-haven asset amid geopolitical and economic uncertainty, a wave of central bank buying strengthening structural support, and expectations of an interest rate cut by the Federal Reserve, which lowered real yields, making the precious metal more attractive. (alg)

At the time of this analysis, gold prices were around $4,015

- Buy if the price is around $4,022

- Sell if the price is around $4,008

 

Resistance 2: $4,034

Resistance 1: $4,029

 

Support 1: $4,001

Support 2: $3,996

 

Disclaimer:

This article is analytical in nature and is not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

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