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FX Daily Updates
Gold hits record high on safe-haven demand, Fed rate-cut bets
georgemiller
Publish Date: Fri, 26 Dec 2025, 02:55 AM

Dec 26 (Reuters) - Gold prices surged to a record high in early Asian trading on Friday, buoyed by safe-haven demand and rising expectations of further interest rate cuts by the U.S. Federal Reserve.
Spot gold rose 0.5% to $4,501.44 per ounce by 0209 GMT, after touching a record peak of $4,530.60 earlier in the session.
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(This story has been refiled to fix the dateline to Dec. 26, not Dec. 25)
https://www.reuters.com/world/india/gold-hits-record-high-safe-haven-demand-fed-rate-cut-bets-2025-12-26/