29 Oct 2025 | 5 Mins Read
Gold prices recover on pre-Fed buying spree
Flipitmoney
Spot gold rose 0.7% to $3,977.49 per ounce and U.S. gold futures increased 0.2% to $3,991.70 per ounce, as bargain hunters stepped in after gold fell to a three-week low. Investors watch for the Federal Reserve's rate decision, with a predicted rate cut. Gold prices have risen 52% year-to-date, reaching an all-time peak, due to geopolitical and economic uncertainties & rate-cut bets.