Gold prices continue to hit new highs European gold mining stocks generally rise

According to Coinjie.com, on September 16 (UTC+8), gold mining stocks in the United Kingdom, the United States and South Africa generally rose in the early trading session as gold futures closed at an all-time high on Monday. Gold futures continued to hit a new high at $3731.9 per ounce in early trading on Tuesday. Despite continued high demand for safe-haven, market watchers are closely watching the Fed's interest rate decision this week, with a widespread expectation of a rate cut. Chris Beaucham, an analyst at IG Group, pointed out that interest rate cuts will be a positive factor for gold as it will suppress the dollar's trend and reduce the cost of buying gold by investors holding other currencies.