23 Sep 2025
Gold smashes record at $3,747 as Fed cut bets sink US Dollar
Gold skyrockets as traders fully price in Fed rate cuts at remaining 2025 meetings.
Russia’s advance in Ukraine and lingering geopolitical tensions bolster safe-haven flows into precious metals.
Societe Generale notes central banks' Gold demand rebounded to 63 tonnes in 2025, matching post-2022 averages and supporting upside.
Gold price hit a fresh all-time high at $3,747 on Monday and appears poised to test higher prices as the US Dollar slumps, with traders anticipating further easing by the Federal Reserve (Fed) later this year. XAU/USD trades above $3,745, up more than 1.60%.
Bullion surges 1.6% as easing speculation, geopolitical tensions, and central bank demand fuel momentum
