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Gold steadies as US data reinforce Fed rate cut bets
Business World Philippines
|November 27, 2025
GOLD PRICES held steady on Tuesday as softer-than-expected US retail sales data reinforced traders’ expectations that the US Federal Reserve will trim interest rates in December.
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Spot gold was flat at $4,139.79 per ounce by 1:54 p.m. ET (1854 GMT). The price earlier in the day hit its highest level since Nov. 14, and rose nearly 2% on Monday after some US central bank policymakers signaled support for a third rate cut this year at their Dec. 9-10 meeting.
US gold futures for December delivery settled 1.1% higher at $4,140 per ounce.
This story is from the November 27, 2025 edition of Business World Philippines.
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