Gold prices rose on Tuesday, supported by expectations of a U.S. interest rate cut in January, as markets await key employment data. Meanwhile, silver hovered near the record levels it reached last week.
Spot gold increased by about 0.1 percent to $4,304.92 per ounce. In contrast, U.S. gold futures remained stable at $4,333.20.
Gold has jumped by more than 64 percent this year, breaking several records and becoming one of the best-performing assets in 2025. The dollar fell close to its lowest level in two months at the start of Tuesday’s Asian trading session.