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Gold jumps to another record high
Gold extended its rally to another fresh record high while copper prices jumped to their highest level since June 2024, as market participants geared up for a potential easing of US Federal Reserve policy and wait for further rate cut signals this year. Investors expect a quarter-point rate cut this week amid signs of a weaker labour market. Swap markets also price in at least one more cut by the end of the year, with a strong chance of a third. These expectations have pushed Treasury yields to multi-month lows and weakened the dollar index. Continued concerns over the Fed’s independence will also remain the focus ... (full story)
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Sep 16, 2025 7:21am
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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 ...
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 msn.com | Sep 15, 2025
Gold is enjoying its biggest rally in decades, climbing 40% this year and hitting a record $3,682.20 a troy ounce on Monday, according to Dow Jones Market Data. The surge marks the sharpest annual increase since 1979, when inflation fears drove a global rush into precious metals. Unlike past crises, today’s demand is being fueled by policy uncertainty in ...
