Gold Prices Hit Fresh Record Highs Ahead Of Fed Decision

Umer Jamshaid Published September 16, 2025 | 09:00 PM

Gold prices hit fresh record highs ahead of Fed decision

WASHINGTON, (UrduPoint / Pakistan Point News / WAM - 16th Sep, 2025) Gold prices rose Tuesday, climbing to fresh record levels as investors remained confident of a US Federal Reserve interest rate cut later this week, according to media reports.

Spot gold edged 0.

5% higher to $3,689.67 per ounce, after hitting a record peak of $3,702.95 earlier in the session.

This rally was underpinned by widespread market belief that the Fed will deliver a 25-basis-point rate cut at the end of its 16th-17th September meeting, its first since December 2024.

Facebook Twitter Reddit Pinterest Whatsapp

Recent Stories

Global acclaim for professional organisation of Yo ..

Global acclaim for professional organisation of Youth Muay Thai World Championsh ..

Gold prices hit fresh record highs ahead of Fed de ..

Gold prices hit fresh record highs ahead of Fed decision

Fujairah CP receives participants of ‘UAE Gov Le ..

Fujairah CP receives participants of ‘UAE Gov Leaders Programme 2025'

PTA chairman files appeal against IHC decision rem ..

PTA chairman files appeal against IHC decision removing him from office

Four held for stealing wheat from PASSCO center

Four held for stealing wheat from PASSCO center

Ambassador of Azerbaijan to Pakistan, Khazar Farha ..

Ambassador of Azerbaijan to Pakistan, Khazar Farhadov vows for increasing direct ..

Over 1,500 vehicles penalized, 2 seized in safety ..

Over 1,500 vehicles penalized, 2 seized in safety drive

TDCP MD visits Murree, reviews initiatives to prom ..

TDCP MD visits Murree, reviews initiatives to promote tourism

IGP issues relief orders on various cops' requests

IGP issues relief orders on various cops' requests

SCCI president meets Minister Shafay to fast track ..

SCCI president meets Minister Shafay to fast track Sialkot Industrial Zone

ATC rejects bail plea of PTI leader Mahmoodur Rash ..

ATC rejects bail plea of PTI leader Mahmoodur Rasheed in Jinnah House attack cas ..

2nd Pakistan International Date Palm show opens at ..

2nd Pakistan International Date Palm show opens at Expo Centre