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Gold prices rise on Monday
Published in Amwal Al Ghad on 20 - 10 - 2025

Gold prices inched higher on Monday as expectations of further US interest rate cuts supported the market ahead of key inflation data and US–China trade talks this week.
Spot gold rose 0.3 per cent to $4,259.34 per ounce at 0514 GMT, while US gold futures for December delivery increased 1.4 per cent to $4,273.
The metal rebounded slightly after falling 1.8 per cent on Friday, when President Donald Trump said a proposed 100 per cent tariff on Chinese goods would be unsustainable.
Gold has gained over 60 per cent year-to-date, driven by strong central bank demand, de-dollarisation trends, and geopolitical risks.
Attribution: Reuters


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