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Gold prices fall on Thursday
Aya Anwar Published in Amwal Al Ghad on 04 - 12 - 2025

Gold dipped on Thursday as investors booked profits and awaited next week's US Federal Reserve meeting for clearer signals on interest rates. Spot gold fell 0.5 per cent to $4,179.71 per ounce, while December US gold futures also declined 0.5 per cent to $4,210.20.
Markets are pricing in an 89 per cent chance of a 25-basis-point Fed rate cut, supported by Wednesday's ADP report showing US private payrolls fell by 32,000 in November, the sharpest drop in over two and a half years. Analysts said any decline toward $4,000 could attract new buyers given gold's strong fundamentals.
Silver slid 2.1 per cent to $57.22 after hitting a record $58.98 on Wednesday, with inventories in Shanghai remaining near multi-year lows. Platinum and palladium also fell, down 0.9 per cent to $1,640.30 and 1.4 per cent to $1,439.91, respectively.
Attribution: Reuters

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