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Gold futures trade sharply higher in early deals of Monday

06 Oct 2025 Evaluate
Gold futures traded sharply higher in early deals of Monday, with the softer dollar and on safe haven appeal of the bullion amidst jitters over a prolonged US government shutdown. Bets over 25bps Fed interest rate cut in October and an 84% chance of a similar move in December also kindled investment appeal of the bullion. The yellow metal for the most active contract marked seventh straight weekly gain, climbing 1.55% for the week.

Gold futures for December delivery up by $46.20 or 1.18% to $3,955.10 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by $43.63 or 1.12% to $3,930.17 an ounce.

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