Gold Price Today, 16 November 2025: Spot Gold Holds Near $4,080 After Fed Shock and Shutdown Relief

Updated: Sunday, 16 November 2025

After one of the wildest weeks of the year for precious metals, the gold market is catching its breath. On Sunday, 16 November 2025, spot gold is effectively frozen around US$4,080 per troy ounce, with most global feeds showing little change from Friday’s close as major exchanges remain shut for the weekend. ^[1]

Even after a sharp late‑week pullback, gold is still up around 55–56% year‑to‑date, on track for its best annual performance since 1979 and trading not far below October’s all‑time highs above US$4,370. ^[2]

Live gold price today (16 November 2025)

Because it’s Sunday, most bullion and futures markets are closed or showing last traded prices. Here’s where gold stands based on the latest available data:

Spot gold (global OTC): Around US$4,080–4,081/oz, unchanged from Saturday and reflecting Friday’s close; per‑gram prices sit near US$131.19. ^[3]
XAU/USD last active session: Data providers such as Twelve Data show gold ending the last trading day just above US$4,080, with markets flagged as “closed (non‑working day)” on 16 November. ^[4]
COMEX gold futures (December 2025): On Friday, New York futures settled around US$4,094/oz, down about 2.4% on the day after a heavy sell‑off. ^[5]
Weekly performance: Despite that late slump, Reuters estimates spot gold remains up about 2–2.5% for the week after briefly breaking above US$4,200 earlier. ^[6]

In short: gold price today (16.11.2025) is steady near US$4,080/oz, with no fresh intraday moves but plenty of drama baked into that level from the past few days.

What moved gold this week – and why it matters today

1. A failed breakout above US$4,200

Earlier in the week, gold bulls were firmly in control:

Weak U.S. labour data, lingering fallout from the record 40+‑day U.S. government shutdown, and strong central‑bank buying helped push spot prices back above US$4,100 and toward resistance near US$4,193. ^[7]
Economic Times data showed spot gold trading around US$4,126/oz, up about 56% YTD, with analysts eyeing a possible retest of the 2025 high near US$4,382 and even long‑term targets as high as US$4,700 by 2026 if rate cuts and dollar weakness persist. ^[8]
FXLeaders notes that gold has climbed roughly 56% this year, briefly moving back above US$4,200/oz and nearing its all‑time high around US$4,379, prompting talk of the “best gold year since ’79.” ^[9]

This surge set the stage for aggressive profit‑taking once the macro narrative shifted.

2. Hawkish Fed comments and a global risk‑off wave

The tone flipped quickly late in the week:

On Thursday, 13 November, gold slipped about 1%, pulling back from a three‑week high as markets sold off after the U.S. government reopened and traders reassessed the odds of deeper Fed easing. ^[10]
On Friday, 14 November, hawkish remarks from several Federal Reserve officials triggered a broad risk‑asset sell‑off. Reuters reports spot gold dropping as much as 3% intraday, ending around US$4,092.72/oz, while December futures finished about 2.4% lower near US$4,094.20. ^[11]
That same move cut market‑implied odds of a December rate cut: an ICICI Commodities note cited by Goodreturns says FedWatch probabilities for a December cut fell from around 63% to roughly 51% in a single day. ^[12]

As one analyst quoted by Reuters put it, the reduced chances of a near‑term cut have taken “some of the wind out of the sails” of the gold rally, even though the bigger bull trend remains intact. ^[13]

3. Shutdown end, weak jobs data and a shaky dollar

Despite the hawkish tone, macro undercurrents still favour gold:

The longest U.S. government shutdown in history has just ended, creating a large data gap that leaves both the Fed and markets partially “flying blind” ahead of the next policy meeting. ^[14]
Private payrolls data and other indicators point to an ongoing cooling in the U.S. labour market, bolstering medium‑term expectations of further easing in 2026 even if December’s cut is less certain. ^[15]
Economic Times and FXLeaders both highlight sustained central‑bank gold buying and a soft dollar as key pillars for the metal’s remarkable run. ^[16]

That mix explains today’s picture: prices have backed off the highs but remain historically elevated, leaving gold consolidating around US$4,080–4,100 rather than collapsing.

Gold price today by region (16 November 2025)

Although global spot benchmarks are quiet on Sunday, domestic markets and consumer‑level prices tell their own story.

United States & global benchmarks

Aggregators tracking U.S. pricing show gold at roughly US$4,080–4,081/oz, equivalent to about US$131.19 per gram, flat compared with Saturday and down around 2% from mid‑week levels above US$4,150. ^[17]
Websites like PriceGold and GoldPriceZ mark Sunday, 16 November as a “live” price with 0% daily change, underlining that what you see today is effectively Friday’s close carried through the weekend. ^[18]

India: prices stable after a sharp drop

Indian gold buyers are getting a small breather:

In Bengaluru, Goodreturns reports 22‑carat gold near ₹1.14 lakh per 10g and 24‑carat around ₹1.25 lakh per 10g, broadly unchanged from Saturday. ^[19]
In Chennai, 22‑carat is around ₹1.15 lakh per 10g, with 24‑carat just above ₹1.26 lakh per 10g, again stable on the day. ^[20]
The article notes that prices in these cities remain roughly ₹31,800 per 100g below recent record highs, after two steep daily drops earlier in the week. ^[21]
On the derivatives side, MCX December gold futures settled Friday about 2.64% lower at approximately ₹1.23 lakh per 10g, while silver futures fell more than 4%. ^[22]

So while gold rate today (16.11.2025) in India is stable, it’s stabilising at very lofty levels in rupee terms.

Vietnam: domestic premiums stay high despite a sell‑off

Vietnamese gold markets saw some of the sharpest moves into the weekend:

Vietbao notes that on the morning of 16 November, major brands such as SJC, DOJI, PNJ and Bao Tin Minh Chau cut gold bar prices by about 2.2 million VND per tael, to roughly 149–151 million VND/tael in both buy and sell quotes. ^[23]
Gold rings fell even more, with some brands trimming up to 2.6 million VND/tael compared with the previous session. ^[24]
Another update from Baonghean at 4:00 a.m. local time describes domestic bars dropping sharply toward 151 million VND, while the world gold price sits around US$4,080/oz. Later in the afternoon, BTMC gold rings are quoted near 150.8 million VND/tael, with world gold still around that same US$4,080 mark. ^[25]
When converted at Vietcombank’s exchange rate, Vietbao calculates the world price at about 129.8 million VND/tael, meaning domestic bars still trade at a premium of over 21 million VND/tael. ^[26]

In other words, gold price today in Vietnam has fallen sharply from recent peaks, but local investors are still paying a sizeable premium over global spot.

Pakistan and Bangladesh: local rate updates

A fresh bulletin from Agahi lists updated 24k, 22k and 21k gold rates across Pakistan for 16 November 2025, reflecting the latest conversion of global prices into rupees for local markets. ^[27]
In Bangladesh, local media continue to publish daily gold price grids and live charts for different purities; Sunday’s rates track the same global spot consolidation around US$4,080/oz. ^[28]

Exact city‑by‑city prices vary, but the common theme is that South Asian retail markets are echoing the global pause after a record‑breaking rally.

Canada: high bullion costs reshape jewellery buying

Beyond bullion, the impact of high gold prices is visible in the jewellery trade:

A Canadian Press feature notes that jewellers are grappling with wholesale gold costs that have jumped roughly 55% this year, pushing spot prices above US$4,000/oz and forcing consumer price hikes of 25–40% on some pieces. ^[29]
Store owners say customers are still buying, but many are trading down to lighter pieces, lower‑karat gold, or sterling silver, while repairs and remodelling of old jewellery are on the rise. ^[30]

This underscores how gold’s 2025 rally is filtering into real‑world budgets, not just trading screens.

Market mood: overbought, but still bullish

Several surveys and analyst notes published this weekend paint a nuanced picture:

FXLeaders emphasises that gold’s 56% YTD surge makes 2025 look like a throwback to the late‑1970s super‑bull, but warns that overbought conditions and Fed uncertainty increase the risk of deeper corrections. ^[31]
Vietbao, citing Kitco’s weekly survey, highlights that the failed attempt to hold above US$4,200 has created short‑term bearish sentiment, but many analysts still see dips towards US$4,000 as strategic buying opportunities, while “Main Street” investors remain strongly bullish. ^[32]
Economic Times notes key technical levels: resistance between US$4,125–4,193, with support first near US$4,049, then around US$3,987–4,002. A clear break above resistance could reopen the path towards US$4,252 and the 2025 high near US$4,380, while a deeper correction might drag prices back towards the US$3,900 zone. ^[33]
Longer‑term forecasts from major banks such as JPMorgan and Wells Fargo still point to potential targets between US$4,500 and US$4,700 by 2026, anchored in expectations of sustained Fed easing, continued central‑bank buying and a structurally weaker dollar. ^[34]

At the same time, a quick‑take market summary from Seeking Alpha notes that precious metals like gold and silver continued their broader uptrend this week, even as Bitcoin and other blockchain assets came under renewed pressure, suggesting a rotation back toward traditional safe havens. ^[35]

What today’s gold price means for investors

With gold price today (16.11.2025) sitting near US$4,080/oz, investors face a classic dilemma:

Momentum remains powerful. The metal is still close to record territory, supported by weak macro data, ongoing geopolitical risk, central‑bank demand and concerns over fiscal deficits and Fed independence. ^[36]
Valuations are stretched. Multiple analysts warn that after a 50%+ annual gain, gold is vulnerable to sharper pullbacks whenever rate‑cut odds are repriced or risk assets stage a relief rally. ^[37]
Key levels to watch next week:
- Support: US$4,000–4,050/oz (psychological floor and recent technical support). ^[38]
- Resistance: US$4,125–4,200/oz, then the US$4,350–4,380 record area. ^[39]

As Moneycontrol points out, the coming week’s U.S. jobs data and FOMC minutes, starting 17 November, could be decisive in setting the next leg for commodity prices, including gold. ^[40]

Bottom line for 16 November 2025

Spot gold today is circling US$4,080/oz, with global markets largely closed for the weekend and volatility on pause. ^[41]
The metal is still up more than 50% this year, making 2025 the strongest gold year in decades. ^[42]
Late‑week Fed‑driven selling has cooled the rally but not broken it, pushing prices back from US$4,200+ toward the US$4,000–4,100 consolidation zone. ^[43]
Across India, Vietnam, Pakistan, Bangladesh and North America, local gold prices today reflect the same pattern: off the very top, but still historically expensive, with consumers adapting by trading down in weight and purity rather than abandoning gold altogether. ^[44]

For anyone tracking “gold price today, 16 November 2025”, the story is not about big intraday moves, but about where gold has landed after a dramatic week—and how fragile or durable this new US$4,000+ era might prove once markets reopen and the next wave of data hits.

The Real Reasons Gold and Silver Prices Fell And What Happens Next