Gold Price Today, December 7, 2025: XAU/USD Holds Near $4,200 as Fed Rate-Cut Bets Drive 2026 Gold Forecasts
Gold traded near $4,200 per ounce in early New York hours Sunday, holding steady after a week of profit-taking and record silver prices. Spot quotes ranged from $4,198 to $4,211. Gold is up nearly 60% in 2025, logging over 50 all-time highs. Traders are watching for a possible U.S. Federal Reserve rate cut later this month.