Archive · 16 Sep 2025
Gold Prices Surge to Record High on Fed Rate Cut Bets
Gold prices went up to the highest levels ever on Tuesday.
This is because the US dollar became weaker, and people think the Federal Reserve might lower interest rates.
The weaker dollar makes gold more attractive.
Experts believe that the Fed will lower interest rates.
Investors are also watching for the Fed's meeting and any news about trade deals.
The price of silver also increased and reached an all-time high.
Gold prices surged Rs 1,800 to hit a record high of Rs 1,15,100 per 10 grams in Delhi on Tuesday.
Silver also climbed to an all-time high of Rs 1,32,870 per kilogram.
The rise in gold prices is attributed to a weak US dollar.
Expectations of rate cuts by the Federal Reserve are fueling the rally.
Traders are closely watching the Fed's policy meeting.
- Who
- Gold traders and investors
- What
- Increase in gold prices
- When
- Tuesday
- Where
- National capital and global markets
- Why
- Weak US dollar and expectations of Fed rate cuts
- Gold Price Increase (Tuesday)
- Rs 1,800 per 10 grams
- New Gold Price Peak
- Rs 1,15,100 per 10 grams
- Silver Price Increase (Tuesday)
- Rs 570 per kg
- New Silver Price Peak
- Rs 1,32,870 per kg
- Dollar Index
- Slipped 0.28%
- Spot Gold Price
- USD 3,698.94 per ounce
Sources
High bullion prices may weaken gold jewellery purchases during India's festive season
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