Gold Prices Dip Amid Rate Cut Speculation
Update: 2025-12-16
Description
Gold prices experienced a minor dip after five consecutive days of gains, as investors decided to secure profits. The precious metal dropped by about half a percent, nearing $4,280 an ounce. Despite this, it remains within $100 of its record high set in October. The markets uncertainty is due to differing opinions among policymakers on further rate cuts in 2026. This week, key US economic reports are expected, which could influence the case for more rate cuts, potentially benefiting gold. Gold has surged over 60% this year, with silver more than doubling, marking their best annual performances since 1979.
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