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News on Currency markets such as Rupee, Call money etc.

 
Gold nears record highs on dovish Fed signals; Up 6% in November
01-Dec-25 14:38Hrs IST

Gold futures climbed above $4290 per ounce in electronic trading, moving closer to record highs as expectations strengthened for a US rate cut later this month. Dovish signals from Federal Reserve officials, combined with weak US data following the prolonged government shutdown, have reinforced the likelihood of further easing. Markets now await key US manufacturing and private payroll releases for additional clarity. Gold ended November more than 6% higher at $4254 per ounce, supported by strong central-bank buying and robust ETF inflows highlighted by the World Gold Council. MCX bullion futures gained over 1% to ₹130820 per 10 grams, while Comex gold traded around $4275 per ounce.

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