Gold Surges to Near Three-week High on Fed Rate Cut Bets

Gold Surges to Near Three-week High on Fed Rate Cut BetsSingapore, 11 Nov (ONA) — Gold extended gains to a near three-week high today, as growing expectations of another US Federal Reserve interest rate cut in December lifted demand for the safe-haven asset. Spot gold was up 0.4% at $4,131.83 per ounce, its highest since 24 October 2025. US gold futures for December delivery rose 0.4% to $4,138.70 per ounce.— Ends/Khalid