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Indonesia News Portal for Traders | Financial & Business Updates

29 November 2025 02:04  |

Gold Rallies to 1-Month High

Gold climbed past $4,220 per ounce on Friday to a one-month high and is on track for a fourth straight monthly gain as markets price a higher probability of a December Fed rate cut.

Dovish remarks from several Fed officials and delayed economic releases showing weakness strengthened expectations of easing. Additionally, Kevin Hassett, viewed as a leading contender to replace Jerome Powell, has also signalled support for lower rates, lifting the odds of a 25 bps cut to over 80% and prompting traders to price roughly three additional cuts by the end of 2026.

Heavy central bank buying and strong non-sovereign inflows into ETFs have added persistent demand for the metal, and together with falling real yields these flows underpin what could be gold’s strongest annual performance since 1979.

Source : Tradingeconomics.com

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