MoneyWorks4Me

Gold futures trade sharply higher in early deals of Monday

20 Oct 2025 Evaluate
Gold futures traded sharply higher in early deals of Monday, with the safe haven appeal of the bullion ahead to the upcoming talks between US and China in Malaysia to resume talks following last week’s flare-up in trade tensions. Additionally, bets on more Fed interest rate cuts, another week of the ongoing US government shutdown with no clear end in sight, strong central bank buying, and ETF inflows lifted the yellow metal rates. The precious metal for the most active contract had marked 5.3% climb for the week.

Gold futures for December delivery soared by $62.90 or 1.49% to $4,276.20 an ounce on the Comex division of the New York Mercantile. While, spot gold up by $10.18 or 0.24% to settle at $4,262.00 an ounce.

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