Gold Prices Surge to Two-week High as โฃRate โCut Bets Intensify
NEW โYORK – November 29, 2025 – Theโ priceโข of goldโฃ experienced a significant โฃrally last week,โ climbing 3.7% to reach $4226 per ounce – its highest levelโ in two weeks. Trading concluded at $4215 per ounce on 2025/11/29, aโ significant increase from the week’sโฃ opening price โขof $4067 per โounce, according to data from Gold Billion.
This โฃupwardโฃ momentum reflectsโฃ growing market โanticipation โคofโ potential interest rate cuts by the Federal โขReserve,โฃ aโ factor historically โคfavorable toโ gold โฃinvestment.โฃ As economic forecasts โขpoint toward a continued slowdownโ into 2026, โคinvestor โsentiment is shifting, driving renewed interest inโ the precious โmetal as a safe-haven asset. Novemberโ has proven particularly strong for gold,with a cumulative increase of โฃ5.3%, marking the fourth consecutive month of gains.
Tradingโข was briefly disruptedโฃ earlier inโฃ the week by a technical outage โat the CME Group, halting futuresโฃ contracts including those for currencies, commodities, gold, treasury bonds, and โขstocks.However, futures trading has since resumed.
Gold’s โฃperformance is โขclosely tied to interest rate expectations; lower rates diminish the possibilityโค cost of holding gold, wich does not yield interest. Currently, traders assign an 87% probability to a rate โreduction in December, a โขconsiderable jump from the 50% likelihood assessed the previous week. This โขincreasing confidence in a โpotentialโ rate cut is fueling the current rally and positioning gold as an attractive investment โขoption for the coming months.
