[Analyst: Gold Prices Expected to Remain High in the Coming Weeks, but Risks Tilt to the Downside] According to a report by Jinse Finance, the latest U.S. data shows a surge in layoffs in October, fueling market expectations for a Federal Reserve rate cut in December, which has driven gold prices higher. BMI analysts stated that gold prices are expected to remain high in the coming weeks, but due to uncertainty surrounding a potential rate cut in December, risks still tilt to the downside. Limited official data caused by the government shutdown has led to disagreements among Federal Reserve officials regarding the future policy path. BMI analysts said: 'For the remainder of 2025, unless U.S.-China trade tensions suddenly escalate again, it will be very difficult for gold to break its historical high of $4,381 per ounce.'