Gold Price Today, November 5, 2025: Spot nears $3,984 as risk‑off tone returns; ADP +42k and Fed caution keep $4,000 in play
Spot gold climbed 1.3% to $3,983.89/oz Wednesday, rebounding after Tuesday’s drop as investors shifted out of equities. December COMEX futures settled at $3,992.90. ADP reported a gain of 42,000 U.S. private jobs in October, slightly lowering expectations for immediate Fed rate cuts. Gold remains up about 50% year to date but below its October 20 record high.