Gold Price Today (Dec. 18, 2025): Spot Gold Holds Near $4,330 After Soft U.S. CPI as Fed-Cut Bets Clash With Inflation-Hedge Demand
Gold prices cooled slightly Thursday but stayed close to record territory after a softer-than-expected U.S. inflation print shifted rate expectations again—supportive for non-yielding bullion—while simultaneously undermining gold’s role as an inflation hedge. Spot gold was last trading around the $4,330–$4,335/oz area in