Ireland AIB Manufacturing PMI climbed from previous 50.9 to 52.8 in November

Dec 1, 2025

Gold Price Forecast: XAU/USD extends the rally above $4,200 as Fed rate cut bets grow

Gold price (XAU/USD) trades in positive territory near $4,230 during the early Asian trading hours on Monday. The precious metal edges higher amid growing speculation that the US Federal Reserve (Fed) may cut interest rates in December.

PBOC sets USD/CNY reference rate at 7.0759 vs. 7.0789 previous

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0759 compared to the Friday's fix of 7.0789 and 7.0709 Reuters estimate.