Global gold markets saw a noticeable rise in late November 2025, as expectations grew for a potential interest rate cut by the Federal Reserve in December. This optimism pushed investors toward gold as a safe haven, despite the strength of the U.S. dollar, which عادةً ما يضغط على المعدن النفيس.
The price of an ounce rose to over $4,162, with futures trading at elevated levels, reflecting strong demand in global markets. The increase was not only driven by Federal Reserve expectations but also by investor concerns over global economic developments, including inflation pressures and slowing growth.
For this reason, gold once again appeared as a “safe” option against financial market risks, especially in a volatile environment affecting stocks and currencies.
From an analytical perspective, these increases could establish a strong support phase for gold if rate cuts materialize, particularly with the possibility of continued purchases by central banks and individual investors. However, this remains dependent on U.S. economic data—such as employment and inflation—which will determine the sustainability of this momentum.
Middle Eastern markets were also affected; in Iraq, the price of 21-carat gold per mithqal increased following global gains. This rise in local gold prices is often linked to Federal Reserve signals and investor expectations of further economic stimulus.
