Gold hits fresh all-time high as markets eye Fed speakers
The post Gold hits fresh all-time high as markets eye Fed speakers appeared on BitcoinEthereumNews.com.
Gold hits a fresh all-time high above $3,730 on Monday, extending gains for a sixth straight week. US Dollar and Treasury yields ease at the start of the week, adding fresh support to bullion. Fed Chair Jerome Powell speaks on Tuesday, alongside several other Fed officials throughout the week. Gold (XAU/USD) continues its record-breaking rally on Monday, extending gains for the sixth straight week as dovish Federal Reserve (Fed) expectations and robust safe-haven flows keep demand elevated. At the time of writing, XAU/USD is trading at a fresh all-time high of $3,731, pushing deeper into uncharted territory. The latest leg higher is underpinned by growing market conviction that the Fed could deliver additional easing before year-end. While last week’s 25 basis points (bps) interest rate cut by the central bank was widely anticipated, investors are increasingly pricing in the possibility of two more reductions in October and December, even as Fed Chair Jerome Powell has stressed that future policy moves remain data-dependent. Gold’s rally shows no signs of slowing, with the metal up more than 40% year-to-date as a combination of global risks drives demand. Beyond the expectations of further Fed easing, persistent geopolitical tensions, ongoing central bank accumulation, robust inflows into Gold-backed Exchange Traded Funds (ETFs), and uncertainty surrounding US tariff policy have all added momentum to bullion’s record-breaking run. Looking ahead, no major US economic data is scheduled for release on Monday, but all eyes will be on a wave of Fed speeches due later in the day. Market participants will parse remarks from New York Fed President John Williams, along with speeches from St. Louis Fed President Alberto Musalem, Richmond Fed President Thomas Barkin, Cleveland Fed President Beth Hammack, and Fed Governor Stephen Miran for signals on how policymakers are assessing the evolving economic outlook after last…
Filed under: News - @ September 22, 2025 8:30 pm