Gold Pulls Back from Three-Week High as Rate-Cut Bets Grow

By News Desk on December 1, 2025

Gold Prices Ease in Asia on Rising US Rate-Cut Expectations

Singapore: Gold prices retreated from a three-week high in early Asian trading today, weighed down by rising expectations of a potential US interest rate cut later this month.

Spot gold declined by 0.2% to USD 4,221.68 per ounce, after touching its highest level since 13 November 2025.

Meanwhile, US gold futures (December delivery) rose 0.2% to USD 4,261.60 per ounce, and silver jumped 2.2% to reach a fresh high of USD 57.59 per ounce.

In the broader precious metals market, platinum edged down 0.2% to USD 1,669.15, while palladium climbed 2.3% to USD 1,483.51 per ounce.

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