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Gold Steady at $3,739 Amid Cautious Fed Signals

9/26/2025

47 8 Full Breakdown

Summary

Story summary

Gold held steady on September 25, 2025, with spot at $3,739.22 per ounce, aided by a weaker dollar.
Investors await U.S. data, notably the Personal Consumption Expenditures (PCE) price index, seen up 0.3%.
Jerome Powell, Chair of the Federal Reserve, signaled caution on rate cuts.
Gold earlier peaked at $3,790.82 this week, with resistance around $3,870-$4,000.

History

Historical Context

In 1980, gold prices soared to $850 per ounce due to rampant inflation and geopolitical tensions, prompting the U.S. Federal Reserve, under Chairman Paul Volcker, to raise interest rates to combat inflation, which peaked at 13.55%. This volatility established gold as a safe haven for investors, a trend that continues today with prices around $3,739.22 per ounce, reflecting ongoing economic uncertainties.

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Story summary

Gold held steady on September 25, 2025, with spot at $3,739.22 per ounce, aided by a weaker dollar.
Investors await U.S. data, notably the Personal Consumption Expenditures (PCE) price index, seen up 0.3%.
Jerome Powell, Chair of the Federal Reserve, signaled caution on rate cuts.
Gold earlier peaked at $3,790.82 this week, with resistance around $3,870-$4,000.

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