Gold Rises 0.9% to $4,166 on Weak US Data

Gold prices rose in early Asian trading on Wednesday, November 26, 2025, reaching $4,166.13 per ounce, driven by disappointing U.S. economic data that heightened expectations for a Federal Reserve interest rate cut at its upcoming December meeting.

The increase of 0.9 percent in spot gold followed the release of September economic indicators showing signs of slowdown. Retail sales grew by just 0.2 percent, below forecasts and signaling softer consumer demand. Core producer price inflation fell more than anticipated, with the Producer Price Index rising 2.7 percent over the past year, unchanged from August but underscoring cooling pressures. These figures represent some of the last official data available to the Fed before its December 9-10 policy session, as a government shutdown has delayed October employment and inflation reports. The Commerce Department's Bureau of Economic Analysis rescheduled the release of the Personal Consumption Expenditures price index, the Fed's preferred inflation gauge, to December 5.

Market sentiment shifted markedly, with traders now pricing in an 80.7 percent chance of a 25 basis point rate cut in December, up from 42.4 percent a week earlier,...