29 Sep 2025 | 3 Mins Read
Gold price soars to fresh record
Flipitmoney
Gold jumped to a record high above $3,800 per ounce, driven by a weaker US dollar and expectations of future US Federal Reserve interest rate cuts. Spot gold rose 1.5% to $3,814.91, with US futures up 0.9%, and analysts attributing the growth to benign inflation and a 90% chance of a Fed rate cut in October.