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Gold climbs to near two-week high on reinforced US rate cut bets
Business Standard
|November 27, 2025
Gold climbed to a near two-week high on Wednesday, after US economic data bolstered expectations of an interest rate cut by the Federal Reserve in December and weighed on the dollar.
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Spot gold rose 0.7 per cent to $4,160.12 per ounce, as of 0437 GMT, its highest since November 14. US gold futures for December delivery were up 0.4 per cent at $4,158.00 per ounce.
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