Gold price, silver rate: Gold rate, silver price fall, all eyes now on U.S. Fed interest rate cut meeting

  • December 4, 2025
  • Posted by: EWGFX
  • Category: news
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Gold rate and Silver price both fell on Wednesday. Spot gold fell 0.1 per cent to $4,203.58 an ounce after losing more than 1 per cent in the previous session. U.S. gold futures for February delivery were up 0.3 per cent at $4,234.60. Silver pulled back from a record high. This comes as traders awaited U.S. economic indicators to gauge the Federal Reserve’s policy direction.

Silver Price Today

Silver fell 0.5 per cent to $58.15 an ounce after touching a record high of $58.94. Silver is supported by a tight supply outlook, continued momentum buying and short-covering after last Friday’s break above $54.50, said Hansen, adding that overbought conditions posed a near-term risk for silver bulls.

Silver, both a precious and industrial metal, is up by 101 per cent this year and has also been supported by its inclusion in a U.S. list of critical minerals. Gold has gained 60 per cent this year.

Gold Rate

“Attention is on key U.S. data that could cement expectations for a metal-supportive December rate cut,” said Ole Hansen, head of commodity strategy at Saxo Bank.

Investors are awaiting U.S. November ADP employment figures and the delayed September Personal Consumption Expenditures (PCE) data on Friday.