Prop firm news

Binance changes the settlement of commodity options: instead of the price at the moment - the 30-minute average

On November 12, Binance announced that options on commodity assets (gold contracts, where settlement is in crypto) are switching to the same settlement price methodology that already works for crypto options. The rule applies to contracts expiring on November 23 at 17:00 New York time, i.e. November 24 at 01:00 MSK, and to all subsequent ones.

Gold price fell below $4,000 per ounce: a December Fed rate hike is already priced in

XAU/USD fell to $3,985 per ounce - the second decline in a row. The trigger is October US inflation: after the report, futures price a Fed rate hike at the December meeting as a done deal.

Ahead of US inflation data, the gold price fell more than 1%: from $4,148 to $4,075

On Tuesday, gold gave back almost all of the previous day's gains - traders took profits, and a Fed official's comments about a possible rate hike in December added pressure.

No annual inflation this time: US CPI will be released today with only a monthly figure

The US consumer price report is published today at 16:30 Moscow time, but it will not include a year-on-year change. The reason is the US government shutdown a year earlier, because of which some of the data was simply not collected. This was reported by CNBC.

China's central bank buys gold for 24 months in a row and accelerated during the price decline

The People's Bank of China extended its streak of gold purchases for reserves to two years without a break and noticeably increased the volume of purchases precisely during the price pullback.

After climbing above $4,100 amid the Nasdaq crash, the gold price pulled back a day later

On Thursday XAU/USD gained about 1%: it rebounded from $4,057 and settled above $4,100 amid the sell-off in US equities. On Friday morning the gains did not hold - the dollar recovered its losses, and the metal slipped back below $4,100 ahead of the release of the US jobs report.

Hammack: Fed rate must become restrictive, inflation is moving in the wrong direction

Beth Hammack, head of the Cleveland Fed, on Thursday called gradual rate increases the best path for US monetary policy. Inflation, she said, is too high and moving in the wrong direction, so policy must become restrictive.

Breakout above $4100 and rally to $4135: gold price at a two-week high

XAU/USD gained more than 3.5% on the day - the strongest daily gain since mid-August - and in the Asian session on Thursday rose above $4100, to $4135 per ounce. The acceleration began after the Democrats took both the Senate and the House of Representatives in the US midterm elections.

In a single session, the silver price rose by 5% — the metal moves wider than gold

On Tuesday, November 4, silver rose by approximately 5% to the levels of the previous close. For the metal, this is one of the sharpest intraday moves — on calm days silver moves within one percent.

ADP: US private sector added 86K jobs in October - what does this mean for NFP

The ADP employment report for October was released on November 4 at 16:15 MSK: +86K private sector jobs versus the expected +69K and +90K the month before.

Gold went up: the dollar index collapsed on the first results of the US congressional elections

On the morning of November 4, gold traded around $3,930 per ounce, recovering from a drop to lows last seen in September 2025. The reason is the collapse of the dollar after the first results of the midterm congressional elections held on November 3.

Central banks bought 321 tonnes of gold in a quarter: +42% year-on-year

The World Gold Council (an industry organization that tracks global demand for the metal) reported on Q3 2026: governments bought gold more actively than at any time since late 2024, and exchange-traded funds pushed their holdings to a record 4256 tonnes. The price, meanwhile, lost more than 6% in October.

After October's 6.87% drop, the gold price rebounded from the yearly low of $3,870

Gold closed October with a 6.87% decline, and on Friday it hit a new yearly low of $3,870. On Monday the metal is being bought back: XAU/USD around $3,900, up 0.64% for the day, with an intraday high of $3,919. The metal is still about 30% below the all-time peak of $5,600 set in January.

In a single session, the gold price collapsed below $3,900 — a one-year low

On Friday, October 30, XAU/USD lost more than 3% over the session and plunged to $3,891 — the lowest level since October 28, 2025. Just the day before, on October 29, the metal held around $4,000.

Market expects a Fed rate hike on December 9: gold price lost more than 1% and fell to $4,019

On October 29, XAU/USD fell more than 1% - from the day's high of $4,069 to $4,019. Strong US economic data interrupted gold's three-day winning streak and reinforced the market's bet that the Fed will raise rates in December.

September PCE: monthly figure below forecast, but US inflation accelerated to 3.6%

The US published the PCE index for September. The monthly price increase came in below expectations, while annual inflation accelerated: headline to 3.6%, core to 3.1%.

Gold at $4,036: Fed meeting left the door open for a hike, PCE is released at 15:30 MSK

Gold (XAU/USD) slipped to $4,036 on Thursday, losing 0.76% for the day and ending a three-day winning streak. The reason is the outcome of the Fed meeting: the rate was left untouched, but the option of a hike in December remained on the table, and key data on this issue is released today.

Three releases in one minute today at 15:30 MSK: US core PCE inflation, GDP and jobless claims

A day of double macro statistics: first the US data block at 15:30, then the ECB rate decision at 16:15 and the press conference at 16:45. In the evening, reports from Amazon, Intel and Coinbase are added.

First estimate of US GDP at 15:30 MSK: 3.2% vs 1.5%, the Fed rate forecast depends on it

The US publishes preliminary data on quarterly economic growth. The consensus expects more than a twofold acceleration - from 1.5% to 3.2% on an annualized basis. A high-importance event: the market reassembles its Fed rate expectations based on it.

Gold reversed from $4,000 and returned to $4,061 a day before the Fed decision

On Tuesday XAU/USD hit an intraday low of $3,989, reversed and gained more than 1%, rising to $4,061. The rally occurred despite a stronger dollar and rising US Treasury yields.

Ahead of the Fed decision, the dollar index is at a two-week high, while Gold failed to hold $4,000

XAU/USD is fluctuating around $4,000 on Tuesday and has already dipped below it, despite easing US rate expectations. Trading is taking place near $4,012, slightly above last week's three-month low of $3,975.

Rebound from a three-month low: gold price back above $4,000

Spot gold gained 0.4% to $4,009.87 per ounce by 06:42 Moscow time on Monday. This is a rebound after the worst week since June: over the week the metal lost 4% and closed below the round $4,000 mark for the first time since mid-July.

For the first time since July, the gold price has fallen below $4000: down $116 in a single session

Gold fell below the round mark of $4000 per ounce for the first time since July, dropping to $3,986.85. The decline followed the collapse of US technology stocks: investors sold the metal to cover margin calls on other positions.

Gold slumped to $3,986 - the lowest since July. Down 2.81% in a single day

In the early hours of Friday, gold (XAU/USD) fell to $3,986 - below $4,000 for the first time since July. Before that, on Thursday, the metal lost 2.81% over the session. By midday the price had rebounded to $4,029, but gold is closing the week down more than 3%.