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Gold hits near 3-week peak on rate cut bets, end to US shutdown
short by / on Tuesday, 11 November, 2025
Gold extended gains to a near three-week high on Tuesday, helped by growing expectations of another US Federal Reserve interest rate cut in December and signs of an end to the US government shutdown. Spot gold was up 0.7% at $4,142.83 per ounce by 0314 GMT, its highest since October 24.