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Gold gains as traders bet rate cut views
November 13, 2025
|Business World Philippines
GOLD PRICES hit a near three-week high on Tuesday, bolstered by expectations that a potential end to the US government shutdown and resumption of economic data could set the stage for the US Federal Reserve to trim interest rates next month.
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Spot gold was up 0.3% at $4,126.77 per ounce at 3:13 p.m. ET (2013 GMT), having earlier hit its highest since Oct. 23.
US gold futures for December delivery fell 0.1% to settle at $4,116.30 per ounce.
Gold, traditionally considered a safe haven, also tends to benefit in low-interest rate environments as it is a nonyielding asset.
هذه القصة من طبعة November 13, 2025 من Business World Philippines.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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