Gold hits one-week high amid rate-cut expectations

NEW YORK, 6th January, 2026 (WAM) -- Gold prices rose on Tuesday to their highest level in a week, following remarks by officials at the US Federal Reserve that strengthened expectations of an interest rate cut.

Spot gold climbed 0.4 percent to $4,465.32 per ounce, after jumping nearly 3 percent in the previous session.

US gold futures for February delivery rose 0.3 percent to $4,465.70 per ounce.

Amo