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Gold holds firm near record high as markets eye Fed policy signals
Gold hovered near a record high on Monday as investors braced for a slew of speeches from U.S. Federal Reserve officials and inflation data this week, after the central bank cut interest rates last week and signalled potential further easing. Spot gold edged up 0.1% to $3,688.76 per ounce by 0217 GMT. Bullion hit a record high of $3,707.40 on Wednesday. U.S. gold futures for December delivery climbed 0.5% to $3,723.70. “Gold is back on the doorstep of the $3,700 level and new high watermarks could be hit this week if U.S. macro data continues to support the dovish Fed narrative,” KCM Trade Chief Market Analyst ... (full story)
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- Sep 22, 2025 4:10am Posted byFundamental Analysis310
