Gold prices hold steady as US eyes possible rate cut

Business Dec 04, 2025

Gold is hanging out above $4,200 per ounce this week, staying pretty steady after some disappointing US job numbers.
With fewer new jobs than expected, a lot of people now think the Federal Reserve might cut interest rates soon—which usually gives gold a boost.

What else is moving?

The weak job data pushed the US dollar to its lowest in five weeks, making gold (and other non-yielding assets) more attractive.
Meanwhile, silver slipped 0.2%, platinum dropped 0.8%, and palladium fell 0.9%.
Even the world's biggest gold ETF saw a tiny dip in holdings, showing how global market vibes are shifting right now.