September 18, 2025

Gold lovers, rejoice! On Wednesday, gold prices hit a dazzling new record after the US Federal Reserve decided to cut interest rates by 0.25% during its policy meeting. This move sent a spark through the markets, making gold shine even brighter. Spot gold jumped 0.4% to $3,707.40 per ounce by 2:09 p.m. EDT, showing strong investor appetite for the precious metal. Meanwhile, gold futures for December delivery settled slightly lower at $3,717.80, down by 0.2%. Why this rush to gold? When interest rates drop, gold becomes a more attractive investment because it doesn’t pay interest itself but gains value when borrowing costs are lower. This fresh rate cut by the US Fed has sent investors flocking to gold as a safe haven in uncertain times. The buzz in the market is palpable, with many watching top stocks like SBI, Axis Bank, HDFC Bank, Infosys, Wipro, and NTPC for their next moves. For the latest updates and smart stock tips, financial enthusiasts can also follow ETMarkets on Telegram and WhatsApp. So, will gold keep glittering as rates stay low? Investors are holding their breath as the shiny metal continues its sparkling journey upward!

Read More at Economictimes →

Tags: Gold price, Us federal reserve, Interest rates, Market news, Investment,