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Gold soars to $3,682 record as Fed week sparks easing bets
Gold prices on Monday rallied past the previous record high of $3,674, hitting $3,682 and poised to challenge the $3,700 level in the near term. Traders are setting up for the Federal Open Market Committee's (FOMC)monetary policy meeting on September 16-17. Expectations for a rate cut are high, therefore, US Treasury yields tumbled on Monday. At the time of writing, XAU/USD trades at $3,681, up by over 1%. It's Federal Reserve (Fed) week once again, and Gold prices are reflecting a resumption of the Fed’s easing cycle amid a scenario of mixed data. Inflation remains high, but the revision of payrolls last Tuesday, ... (full story)
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Luckyufot
Sep 16, 2025 4:54am
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Global markets kicked off Tuesday with heightened volatility as investors position themselves ahead of key central bank decisions. Gold (XAU/USD) hovers near record highs, supported by persistent Fed rate cut bets weighing on the US Dollar (DXY). Meanwhile, the UK labor report is in focus for the British Pound (GBP/USD), while expectations of a BoJ rate ...
The dollar index (DXY00) on Monday fell by -0.27%. The dollar was under pressure on Monday as the Fed is expected to cut the fed funds target range by -25 bp at the conclusion of the Tue/Wed FOMC meeting. Also, Monday's rally in the S&P to a new record high has dampened liquidity demand for the dollar. In addition, increased expectations for Fed easing ...
From forex.com | Sep 15, 2025
Gold prices have advanced for four straight weeks, with XAU/USD stalling into resistance at fresh record highs. The focus now shifts to the FOMC interest rate decision next week and while the broader outlook remains constructive, the immediate advance may be vulnerable in the near-term. Battle lines drawn on the XAU/USD weekly technical chart into the Fed. ...
