22 Oct 2025 | 3 Mins Read
Japanese yen surges as gold prices plummet
Flipitmoney
The US dollar weakened in early Asian trade, retreating 0.2% to 151.67 yen, after gold prices fell 2.9% due to a broad decline in precious metals. The dollar index remained unchanged at 98.888 despite volatility in cryptocurrencies, U.S. regional banks, and gold. The Federal Reserve is expected to lower interest rates next week by 25 basis points.