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Gold scales $4,400 for first time on Fed rate cut bets; silver peaks
Business World Philippines
|December 23, 2025
GOLD JUMPED past the $4,400-per-ounce level for the first time on Monday, riding on growing expectations of further US rate cuts and strong safe-haven demand, with silver also joining the rally to hit an all-time high.
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Spot gold was up 1.4% at $4,397.16 per ounce, as of 0502 GMT, after breaking the $4,400 barrier to hit a record high of $4,400.29 earlier in the day. Spot silver climbed 3.3% to hit a historic high of $69.44.
US gold futures for February delivery rose 0.98% to $4,430.30 per ounce.
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