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Gold Trades Near Record on Fed Rate-Cut Sign, US-China Tensions
Gold rose to a record high, boosted by an escalation in US-China frictions and bets the Federal Reserve will cut interest rates twice more this year. Bullion climbed to a peak of $4,185 an ounce. Spot silver advanced after a volatile day on Tuesday that saw prices surge to an all-time high above $53.54 an ounce, before tumbling sharply amid signs a historic squeeze is starting to ease. Meanwhile, risk-off sentiment swept markets — boosting gold’s haven appeal — after President Donald Trump said he might stop trade in cooking oil with China. The comments injected fresh tensions into the relationship between the ... (full story)
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From sharecafe.com.au | Oct 15, 2025
Gold prices have surged to a new record high, driven by increasing tensions between the United States and China and expectations of further interest rate cuts by the Federal Reserve. Bullion reached a peak of $US4185 an ounce. Silver also saw gains after a volatile session, having briefly spiked to an all-time high above $US53.54 an ounce before retreating, ...
From tickmill.com | Oct 15, 2025
Gold prices are enjoying a perfect storm of bullish drivers currently. The futures market has been in firm ascent over the last month and shows no signs of slowing down as price continues to print fresh record highs today. A combination of dovish Fed expectations and fresh uncertainty over US/China trade is seeing demand for the yellow metal surging higher. ...