First-day notice for gold’s current most active contract month, December 2023

As of 4:35 PM EST, gold futures basis most active contract (December 2023) is fixed at $1984.10. However, the December contract will soon expire as the until the first notice day advances.

Yesterday's significant drop in the dollar was directly related to the release of the October CPI inflation report, revealing muted growth, similar to September's low reading.