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Gold futures reached new all-time highs for 9th time this month
Gold futures saw nine new all-time highs in September, with prices rallying over 8.5%. This surge was driven by the anticipation of further Federal Reserve interest rate cuts, with markets pricing in several cuts into next year. Additionally, central bank purchases, particularly from China, suggest a continued trend of gold accumulation as nations seek to diversify away from U.S. treasuries. The gold market's recent strength and record prices reflect these key drivers.
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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 ...
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