Gold price today, Thursday, December 11: Gold opens higher, near $4,250, after rate cut
Yahoo Finance·2025-12-08 20:41

Gold (GC=F) futures opened at 4,258.30pertroyounceThursday,0.84,258.30 per troy ounce Thursday, 0.8% higher than Wednesday’s closing price of 4,224.70. The price of gold also rose in early trading. The Fed lowered its target interest rate by a quarter-point Wednesday to a range of 3.5% to 3.75%, with a 9-3 vote. Two of the dissenters voted for no rate change, and the third voted for a half-point reduction. The discord among committee members shows the challenge of the current economy: The job market is weaker than it should be, while ...