24 Sep 2025
Gold corrects lower from record highs as Fed caution and US Dollar strength weigh
Gold pauses its record-breaking run after setting a fresh all-time high at $3,791.
Fed’s cautious stance and a firmer US Dollar cap upside, while geopolitical tension and rate-cut expectations cushion downside.
Market focus shifts to upcoming US data and Fed commentary, with PCE inflation on Friday in the spotlight.
Gold (XAU/USD) is trading under renewed selling pressure on Wednesday, retreating after reaching a record high of $3,791 the previous day. At the time of writing, XAU/USD is trading near $3,735, easing from an intraday high of $3,779, as traders weigh the Federal Reserve’s (Fed) cautious stance on the path of monetary policy easing.
