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Gold futures finish sharply higher on Fed rate cut bets

13 Nov 2025 Evaluate
Gold futures finished sharply higher on Wednesday, marking largest single-day gain in over a month, kindled by softer dollar and growing expectations of Federal Reserve rate cuts in December. Additionally, inflation fears, geopolitical tensions and central bank buying, also buoyed the yellow metal investments.

Gold futures for December delivery soared by $97.30 or 2.36% to settle at $4,213.60 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by $11.69 or 0.28% to settle at $ 4,207.08 an ounce

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