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Gold clings to 7-week high as investors gauge Fed trajectory
Gulf Today
|December 13, 2025
Gold prices held near a seven-week high on Friday, supported by expectations of more interest rate cuts next year after the US Federal Reserve pushed back against hawkish market bets, while silver hovered just below Thursday's record peak.
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Spot gold dipped 0.3% to $4,270.89 per ounce by 05:24 GMT, but was on track for a 1.8% weekly gain after hitting its highest since October 21 on Thursday.
US gold futures slipped 0.3% to $4,302.10.
The dollar was on track for a third straight weekly drop, making bullion cheaper for overseas buyers.
Diese Geschichte stammt aus der December 13, 2025-Ausgabe von Gulf Today.
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