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Gold holds steady; silver scales new high
Business World Philippines
|December 05, 2025
GOLD PRICES held steady on Wednesday, buoyed by weak private payrolls data that reinforced expectations of a US interest rate cut next week, while silver hit a fresh record high.
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Spot gold was little changed at $4,202.06 an ounce by 2:03 p.m. ET (1903 GMT), after hitting a session high of $4,241.29 earlier in the session.
US gold futures for February delivery settled 0.3% higher at $4,232.50.
Silver steadied after touching a record high of $58.98 earlier in the session.
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