The market is waiting for more policy signals about the Federal Reserve, gold prices remain stable for the time being

According to Coinjie.com, on September 19 (UTC+8), gold prices remained stable at around $3,650 on Friday, after the Federal Reserve cut interest rates by 25 basis points and suggested that policy will be further relaxed in the coming months, but failed to meet investors' dovish expectations, and the market is waiting for more clues about the Fed's policy path. Capital.com analyst Kyle Roda said market sentiment is still relatively high but has cooled significantly, and the Fed has not provided dovish guidance needed to drive gold prices upward. The forecast for a rate cut in 2026 exceeded market pricing, pushing up yields and the US dollar. Now some factors need to reverse this trend to push gold prices to firmly break through $3,700 again. Weak US economic data may become a catalyst.