November Gold News 2023

Gold has climbed back above $2,000 per ounce to hit a six-month high today of $2,028. Silver has also jumped to a near three-month high of $24.89.

Lower inflation figures in the US and UK have helped gold bounce back from it’s recent dip. Markets now firmly believe that interest rates have peaked, and that cuts could begin in 2024.

The price of gold and silver have dipped this week, pulling back from recent highs as markets turned to a more risk-on sentiment than in the past few weeks.