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Gold's (XAU/USD) Bull Run Just Getting Started? A Look at What History Says
Gold prices reached a new record high on Tuesday, helped by growing expectations of more US interest rate cuts. Investors were also waiting for a speech from Federal Reserve Chair Jerome Powell to get more hints about future policy. The price of spot gold went up 1% to $3,784.01 per ounce, after hitting a new record high of $3,790.82 earlier in the day. This optimism was partly due to new Fed Governor Stephen Miran, who called for aggressive rate cuts on Monday. He argued that the Fed's current policy is too strict and could put jobs at risk. However, his view was challenged by three of his colleagues, who believe ... (full story)
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From dailyforex.com | Sep 24, 2025
The overall of Gold Trend: Still strongly bullish. Today's Support Levels: $3,745 - $3,690 - $3,650 per ounce. Today's Resistance Levels: $3,785 - $3,820 - $3,860 per ounce. During today's trading session on Wednesday, September 24, 2025, the gold price index is holding steady around the $3,777 per ounce resistance level. This is near its all-time high of ...
From bnnbloomberg.ca | Sep 23, 2025
Gold surged to a record Tuesday, lifted by expectations of further U.S. Federal Reserve rate cuts and renewed flows into exchange-traded funds. Analysts say central bank buying and investor fear of missing out are also fuelling the rally. Bart Melek, managing director and global head of commodity strategy at TD Securities, says China and other nations are ...
From marketpulse.com | Sep 24, 2025
The pause in gold’s rally after last week’s Fed meeting proved exceptionally brief. Prices surged in recent days, breaking above $3,780 per ounce, with today’s trading consolidating between $3,760 and $3,780. Since the start of the year, gold has gained an impressive 43%. While official commentary signals expectations for further Fed rate cuts, Fed Funds ...
