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New All-Time Highs in Gold
Gold prices have broken out to fresh record highs this week with the futures market soaring to 3,694.75, as of writing. The move comes amidst fresh weakness in the US Dollar has the greenback heads south ahead of tomorrow’s keenly awaited September FOMC meeting. The Fed is widely expected to cut rates by .25% while signalling that further easing is expected over the remainder of the year. Recently, traders Fed expectations have turned increasingly dovish, fuelled by growing weakness in labour market data. Even a fresh rise in US CPI last week didn’t dent easing forecasts with the market currently pegging three ... (full story)
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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 ...
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. ...
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 ...