Gold prices continue to hit new highs, gold futures rose to $3,731.9 per ounce
Source: golden
Time: 2025-09-16 16:08:29
Gold Finance reported that in the early trading session of Europe, gold mining stocks in the United Kingdom, the United States and South Africa generally rose as gold futures closed at an all-time high on Monday and continued to hit a high of $3,731.9 per ounce in early trading on Tuesday. Market observers closely monitor the Fed's interest rate decision this week, and are generally expected to implement 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.