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Gold futures finish sharply higher ahead of Fed’s policy decision

17 Sep 2025 Evaluate
Gold futures finished sharply higher on Tuesday, marking fresh record high above $3,700 milestone. The yellow metal investments got kindled by the bets over 25 bps rate cut in the upcoming Federal Reserve’s policy decision. Additionally, strong central bank demand, safe-haven inflows, and weak dollar kindled gold to 41% surge year-to-date.

Gold futures for December delivery surge by $38.70 or 1.05% to settle at $3,725.10 an ounce on the Comex division of the New York Mercantile. Meanwhile, spot gold down by $7.9 or 0.21% to $ 3,682.08 an ounce.