18 Sep 2025
Gold skyrockets as Fed cuts 25 bps, eyes further easing
The Federal Reserve cut rates 0.25% as expected.
The FOMC projects additional 50 bps of easing towards the year end.
Fed Governor Stephen Miran voted for 50 bps cut as expected.
Gold price trades volatile at around $3,650 - $3,700 after the Federal Open Market Committee (FOMC) decided to cut rates by 25 basis points, signaling that further easing is coming towards the years end.
