Gold price firms in holiday-thinned trade, spotlight on Fed and Trump policies
Gold prices rose on Thursday in holiday-thinned trade, while markets await clues on the Federal Reserve’s 2025 rate plan and tariff policies from the incoming Trump administration. Spot gold rose 0.5% to $2,627.62 per ounce, as of 0953 GMT. U.S. gold futures added 0.3% to $2,642.30.