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Gold Trades Near Record High as Fed Expected to Cut Rates
Gold held near a record as traders geared up for an anticipated easing of the US Federal Reserve’s monetary policy this week and looked for clues on further rate cuts this year. Bullion traded near $3,640 an ounce, after gaining for four consecutive weeks. Traders see a quarter-point cut this week amid signs of labor market weakness, and some potential for reductions extending into next year. That expectation has driven Treasury yields to the lowest in months, weakened the greenback and supported gold. Lower yields reduce the opportunity cost for holding the metal, while a weaker dollar makes it more affordable. ... (full story)
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From sharecafe.com.au | Sep 14, 2025
Gold prices edged higher on Friday, remaining close to the record high reached earlier in the week. The rise comes amid growing concerns about the weakness of the United States labour market, which has reinforced expectations for multiple interest rate cuts before year’s end. This anticipation has boosted demand for the precious metal. Spot gold was up 0.5 ...
Federal Reserve Chair Jerome Powell is likely to muster a slim majority of his colleagues to support a 25-basis-point cut in interest rates on Wednesday, fueled by growing concern about the health of the economy, experts say. But given the turmoil around the central bank and uncertainty about the direction of inflation and the job market, the bigger ...
“Too Late” MUST CUT INTEREST RATES, NOW, AND BIGGER THAN HE HAD IN MIND. HOUSING WILL SOAR!!! President DJT
