- The price of gold was $ 1,073.70 in the past / 1074 per troy ounce, down $ 1.50 on Tuesday's close. Trade has ranged from $ 1,073 to $ 1,080.90 so far.
- Gold has made some gains overnight on a slight softening of the dollar and increased geopolitical tensions after Turkey launched down a Russian warplane, but did not last long.
- The metal generally sideways trading after hitting its lowest level of the new 2015 $ 1066 in the past week with the growing expectations of Fed tightening. A 30-day fed funds futures are priced in the likelihood of 77.5 percent from its inception in December, up from 73.6 percent yesterday and 50 percent in the beginning of the month.
- Attention today will be focused on a series of economic data from the United States before the Thanksgiving holiday on Thursday, including the core durable goods orders, jobless claims, and index the core PCE prices, durable goods orders, and personal spending and new home sales.
- Platinum was last at $ 838/843 an ounce, little changed from the previous close, while the $ 538/543 and palladium at $ 5. And silver was unchanged at $ 14.14 / 14.19.