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Gold hits near 3-week peak on rate cut bets, end to US shutdown
Gold extended gains to a near three-week high on Tuesday, helped by growing expectations of another US Federal Reserve interest rate cut in December and signs of an end to the US government shutdown. Spot gold was up 0.7% at $4,142.83 per ounce by 0314 GMT, its highest since October 24. US gold futures for December delivery rose 0.7% to $4,148.50 per ounce. The US Senate passed a deal that would restore US federal funding and end the longest shutdown late on Monday. Key economic indicators such as the US non-farm payrolls report have been delayed due to the federal government shutdown. An end to the shutdown in the ... (full story)
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- Nov 11, 2025 1:34am Posted byFundamental Analysis259
