Gold Price Today, 28 November 2025: Bullion Near $4,200 as Fed Cut Bets and CME Outage Fuel Volatile Rally
Gold prices are trading close to record territory on Friday, 28 November 2025, with spot bullion hovering just below $4,200 per ounce, supported by growing expectations of a U.S. Federal Reserve rate cut in December, a weaker dollar and thin post‑Thanksgiving liquidity amplified by a major CME Group outage that briefly halted futures trading. Reuters+2JMBullion+2 Key takeaways: Gold price today (28 November 2025) Global gold price today: Near $4,200 amid thin, volatile trade As of late morning in New York on Friday, spot gold (XAU/USD) is trading in the $4,180–$4,210 per ounce range: On the futures side: That combination leaves