Gold Price Today, December 2, 2025: XAU/USD Holds Above $4,200 as Markets Bet on Fed Rate Cut
Spot gold is trading near $4,218 per ounce Tuesday, down 0.3% after hitting a six-week high Monday as traders take profits. COMEX December gold futures are above $4,250, off 0.6%. Markets are pricing an 88% chance of a Federal Reserve rate cut next week. U.S. Treasury yields ticked higher, weighing on bullion.