Archive · 30 Nov 2025
Gold Prices Surge Amid Fed Rate Cut Expectations
Gold prices have gone up a lot this week.
People are buying gold because they think the US Federal Reserve will cut interest rates soon.
This makes gold more attractive as an investment.
The price of 10 grams of 24-carat gold in India went up by Rs 1,324.
Analysts say gold could go even higher if the Fed cuts rates, but it might go down if the economy gets better.
Some experts think gold could reach $5,000, but others are not so sure.
India imports a lot of gold, and the high prices are affecting inflation numbers.
It's a bit uncertain what will happen next with gold prices.
In 2026, global commodity prices are expected to fall by nearly 7%, but precious metals like gold and silver are projected to rise by around 5%.
This is because people see them as safe investments during uncertain times.
Other commodities like energy and agricultural products may also see changes in prices based on supply and demand.
24-carat gold price surged by Rs 1,324 over the week, closing at Rs 1,26,666 per 10 grams.
Probability of Fed rate cut in December increased to 86.9% from 71% a week earlier.
Gold has retested resistance at $4,215 to $4,240, with potential to reach $4,400 or drop to $4,100.
Analysts forecast continued softness in bullion until renewed safe haven buying or Fed policy shift.
Bank of America predicts gold could reach $5,000 due to macroeconomic factors like high government debt and lower interest rates.
Global commodity prices expected to decline by roughly 7% in 2026, with precious metals projected to rise by around 5%.
Gold reached a record high of $4,370 an ounce in late October 2025, with Indian gold prices around Rs 1,27,500 per 10 grams.
Base metals like copper, aluminium, and zinc are expected to remain supported by limited supply and steady demand.
Energy prices likely to dip about 10% in 2026, with Brent crude projected to average between $60 and $70 per barrel.
Agricultural commodities may edge lower due to ample supply, with the World Bank anticipating a mild 2% decline in the agricultural price index in 2026.
- Who
- Investors, analysts, and financial services firm Prabhudas Lilladher
- What
- Gold prices surging due to Fed rate cut expectations and safe haven buying, with global commodity prices expected to decline in 2026
- When
- Current week and future expectations for December 2025 and 2026
- Where
- Global markets, with specific focus on India and the US
- Why
- Expectations of US Federal Reserve rate cuts, safe haven buying, macroeconomic factors, and global economic trends
- Current 24-carat gold price (10g)
- Rs 1,26,666
- Previous week's closing price (10g)
- Rs 1,25,342
- Probability of Fed rate cut (Dec)
- 86.9%
- Gold's weight in CPI
- 1.08%
- India's gold imports (FY25)
- 757 tonnes
- Indian gold price (Oct 2025)
- Rs 1,27,500 per 10 grams
- Projected gold price rise (2026)
- 5%
Sources
Gold sees notable rally amid rising expectations of US Fed rate cut
From scarcity to speculation: What’s fueling gold’s record run, and can it sustain?
Gold prices on Sunday: Check 24 karat, 22 karat rates in Mumbai, Delhi, Bengaluru and other cities on November 30
Gold hits two‑week high and silver reaches record on Fed rate cut hopes and global demand surge - Telegraph India
Global Commodity Prices Expected to Decline By Roughly 7%, Precious Metals To Rise 5% In 2026: Report
Global commodity prices expected to decline by roughly 7%, precious metals to rise 5% in 2026: Report
