22 Sep 2025 | 3 Mins Read
Gold Prices Near Record High as Traders Await Rate Decisions
Flipitmoney
Gold prices continued its fifth straight weekly advance, boosted by a 25 basis point rate cut from the Federal Reserve, and are near a record high. Bullion's surge of 40% this year is driven by rate cut expectations, haven demand and central-bank purchases, with investors awaiting key inflation data and a speech by Fed Chair Jerome Powell.