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Why Buy Precious Metals
September 16, 2025

Will Fed cuts keep gold soaring past $3,700?

From Giulia Petroni in 9/16 WSJ.com in
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Why Buy Precious Metals

“Gold prices surged past $3,700 a troy ounce on Tuesday, hitting a fresh record high amid a weaker U.S. dollar and firm expectations that the Federal Reserve will cut interest rates. Futures rise 0.1% to $3,722 an ounce, after hitting $3,739.90 an ounce in intraday trading earlier. “Should the central bank’s guidance fall short of dovish market expectations, gold could face near-term selling pressure,” says Eric Chia, strategist at brokerage Exness. “However, any confirmation of multiple cuts would strengthen its rally, potentially leading to new highs.” The rally is also supported by central-bank buying, ETFs inflows and geopolitical tensions contributing to growing demand for safe-haven and inflation-hedging assets.”

 

*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.

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