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Gold stabilizes near its highest in two weeks

[27/11/2025 01:08]

TOKYO-SABA
Gold prices stabilized significantly today, Thursday, after reaching their highest level in nearly two weeks in the previous session, as market participants assessed the possibility of a U.S. interest rate cut in December.

Spot gold fell 0.2 percent to $1,154.09 per ounce.

U.S. gold futures for December delivery dropped 0.3 percent to $1,151.20 per ounce.

As for other precious metals, silver fell 0.9 percent in spot transactions to $52.89 an ounce, platinum rose 1.4 percent to $1,611.04, and palladium lost 0.9 percent to $1,409.87.