Daily digest market movers Gold prices fluctuate near $2,630

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Gold prices recovered as US real yields dropped six basis points to 1.966%.

US Durable Goods Orders rose by 0.2% MoM in October, missing the 0.5% forecast but improving from September's -0.4% decline.

The second estimate of US GDP growth for Q3 came in at 2.8% QoQ, meeting expectations but below the 3% growth recorded in Q2 2024.

Initial Jobless Claims for the week ending November 23 remained steady at 213K, below the projected 217K.

Core PCE increased by 2.8% YoY in October, in line with expectations and slightly above September's 2.7%.

Data from the Chicago Board of Trade, via the December fed funds rate futures contract, shows investors estimate 24 bps of Fed easing by the end of 2024.


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