Gold and Silver Market Movements – Week 2 of November 2025

Gold prices showed notable volatility, reaching $4,240 before retreating toward $4,100 as expectations of a U.S. rate cut weakened and safe-haven flows eased. Silver also reacted to tightening market liquidity and a temporary backwardation phase, which supported short-term gains before profit-taking pushed prices back near $50. In Egypt, 21-karat gold held steady between 5,470 and 5,500 EGP, supported by a stable exchange rate and firm investment demand. Markets now await the Federal Reserve minutes for clues on monetary policy direction. Technically, gold is trading sideways above key supports at $4,040 and $4,000, with resistance at $4,100 and $4,150, signaling potential bullish momentum if global risk sentiment escalates.

 

 

"Page featuring four charts showing global and local gold and silver price movements, including opening, high, low, and closing prices for the week."Page featuring four charts showing global and local gold and silver price movements, including opening, high, low, and closing prices for the week.
"Text page outlining the main economic and geopolitical factors affecting gold and silver prices, such as shifts in rate-cut expectations and Federal Reserve statements."Text page outlining the main economic and geopolitical factors affecting gold and silver prices, such as shifts in rate-cut expectations and Federal Reserve statements.
"Page summarizing upcoming economic releases, including NFP, CPI, and the Federal Reserve minutes, with notes on their potential impact on gold prices."Page summarizing upcoming economic releases, including NFP, CPI, and the Federal Reserve minutes, with notes on their potential impact on gold prices.
"Detailed explanation of liquidity trends in gold and silver markets, highlighting central bank purchases, ETF inflows, and supply-demand dynamics."Detailed explanation of liquidity trends in gold and silver markets, highlighting central bank purchases, ETF inflows, and supply-demand dynamics.
"Page showing the technical chart for global gold prices, with identified support and resistance levels and both bullish and bearish scenarios.""Page showing the technical chart for global gold prices, with identified support and resistance levels and both bullish and bearish scenarios."
"Page featuring the technical chart for global silver prices, analysis of price compression, support and resistance levels, and the impact of market backwardation.""Page featuring the technical chart for global silver prices, analysis of price compression, support and resistance levels, and the impact of market backwardation."
"Analysis page for Egypt’s local 21-karat gold price, showing recent movement, key support and resistance zones, and the overall market trend.""Analysis page for Egypt’s local 21-karat gold price, showing recent movement, key support and resistance zones, and the overall market trend."