Gold prices rise as Fed policy path comes into focus

Odaily 精选Sep 19, 2025
#Macro
Gold prices rose on Friday and are on track to record their fifth consecutive week of gains, as the market focuses on further clues after the Federal Reserve announced its first interest rate cut of the year. The Federal Reserve previously lowered the benchmark interest rate by 25 basis points but warned of persistent inflation, causing the market to doubt the pace of future easing. After the announcement of this decision, spot gold once hit a record high of $3,707.40, before falling back in volatile trading. Bob Haberkorn, a market strategist at RJO Futures, said, "Gold prices are still quite strong, just a slight pause after the Fed rate hike. The bullish trend remains unchanged, new highs are inevitable, and we may see $4,000 by the end of the year." Spot silver rose more than 2.2%, and spot platinum rose 1.4%. Haberkorn said: "What I am seeing is that many investors are now turning to platinum and silver because they are cheaper than gold." [星球日报]
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Gold prices rise as Fed policy path comes into focus

Odaily 精选Sep 19, 2025
#Macro
Gold prices rose on Friday and are on track to record their fifth consecutive week of gains, as the market focuses on further clues after the Federal Reserve announced its first interest rate cut of the year. The Federal Reserve previously lowered the benchmark interest rate by 25 basis points but warned of persistent inflation, causing the market to doubt the pace of future easing. After the announcement of this decision, spot gold once hit a record high of $3,707.40, before falling back in volatile trading. Bob Haberkorn, a market strategist at RJO Futures, said, "Gold prices are still quite strong, just a slight pause after the Fed rate hike. The bullish trend remains unchanged, new highs are inevitable, and we may see $4,000 by the end of the year." Spot silver rose more than 2.2%, and spot platinum rose 1.4%. Haberkorn said: "What I am seeing is that many investors are now turning to platinum and silver because they are cheaper than gold." [星球日报]
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