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Gold at One-week High Amid Growing Expectations of Interest Rate CutSingapore, 6 Jan 2026 (ONA) — Gold prices rose today, reaching their highest level in a week, after remarks by officials at the US Federal Reserve suggesting monetary boosted interest rate-cut bets. Spot gold climbed 0.4% to $4,465.32 per ounce, after jumping nearly 3% in the previous session. US gold futures for February delivery rose 0.3% to $4,465.70 per ounce. As for other precious metals, spot silver rose 2.9% to $78.72 per ounce, after reaching a record high of $83.62 on 29 December 2025. Spot platinum gained 2.5% to $2,327.17 per ounce, after climbing to an all-time high of $2,478.50 last Monday. It had jumped more than 5% earlier in the session to record its highest level in a week. Palladium prices increased 0.8% to $1,721.74 per ounce.— Ends/Khalid
