December Gold futures rallied for a third straight session, reaching the highest price level since mid-November. The move was fueled by falling U.S. Treasury yields, with the 10-Year note dropping below 4%, and a resurgence in rate cut expectations. According to the CME FedWatch Tool, the probability of a December rate cut climbed above 86%. Notably, the advance coincided with strength in equities and Copper futures, suggesting the rally was driven by lower yields rather than a flight to safety.