Gold Prices Surge to Two-week High as Rate Cut Bets Intensify
NEW YORK – November 29, 2025 – The price of gold experienced a significant rally last week, climbing 3.7% to reach $4226 per ounce – its highest level in two weeks. Trading concluded at $4215 per ounce on 2025/11/29, a significant increase from the week’s opening price of $4067 per ounce, according to data from Gold Billion.
This upward momentum reflects growing market anticipation of potential interest rate cuts by the Federal Reserve, a factor historically favorable to gold investment. As economic forecasts point toward a continued slowdown into 2026, investor sentiment is shifting, driving renewed interest in the precious metal as a safe-haven asset. November has proven particularly strong for gold,with a cumulative increase of 5.3%, marking the fourth consecutive month of gains.
Trading was briefly disrupted earlier in the week by a technical outage at the CME Group, halting futures contracts including those for currencies, commodities, gold, treasury bonds, and stocks.However, futures trading has since resumed.
Gold’s performance is closely tied to interest rate expectations; lower rates diminish the possibility cost of holding gold, wich does not yield interest. Currently, traders assign an 87% probability to a rate reduction in December, a considerable jump from the 50% likelihood assessed the previous week. This increasing confidence in a potential rate cut is fueling the current rally and positioning gold as an attractive investment option for the coming months.
