Tough Talk: Putin's key quotes from Valdai speech

October hiring and upward revisions strengthen December hike expectations. For gold holders, the dollar and real yields remain separate tests.

EIA's latest build takes gas storage to 3,801 Bcf and widens the seasonal cushion, weakening the scarcity case for winter producer earnings.

Beth Hammack favours smaller steps toward restrictive policy. Her view leaves gold holders watching real yields, while the FOMC has made no new decision.

EIA's November 4 report shows a broader fuel draw as refinery inputs rise. Distillate inventories leave refiners and miners with different risks.

EIA reports an 80 Bcf build and a slightly wider seasonal surplus. South Central's remaining deficit keeps winter price risk in view.

September PCE inflation picked up while monthly core gains held steady. For gold holders, persistent price pressure complicates the case for Fed cuts.