17 Sep 2025 | 5 Mins Read
Gold price steady near record amid dollar decline
Flipitmoney
Gold traded less than $10 below its record $3,703.07 an ounce, buoyed by a softer US dollar and traders' bets for a quarter-point rate cut at the Federal Reserve meeting. With a 40% year-to-date rally on geopolitical uncertainties, central bank buying, and potential US tariff impacts, Goldman Sachs forecasts gold prices could reach near $5,000 an ounce.