World

Gold surges as markets react to Fed rate cut

Dec 12, 2025

New York [US], December 12: Gold (XAU/USD) rallied sharply on Thursday following the US Federal Reserve's anticipated interest rate cut announced the previous day.
Although the Fed signalled a potential pause in its easing cycle, the guidance did little to temper bullish momentum in precious metals.
At the time of writing, the XAU/USD climbed to $4,267, rebounding strongly after touching an intraday low of $4,204. The metal's surge reflects heightened investor appetite for safe-haven assets amid shifting expectations for US monetary policy.
Source: Emirates News Agency

More news

Trang Phap Advances Directly to Ride the Wind 2026 Grand Finale in China

Beijing [China], June 21: Vietnamese singer-songwriter Trang Phap has secured a place in the grand finale of Ride the Wind 2026 (Đạp gio 2026) after delivering one of the strongest performances in the show's fifth performance round. The results, announced on June 20, saw the top five rankings go to Zeng Peici, Zhang Yue, Wang Meng, Sun Yi, and Xiao Qiang.

Jun 21, 2026