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Gold rises on US Fed policy path
Business World Philippines
|September 22, 2025
GOLD PRICES moved higher on Friday and headed for a fifth consecutive weekly gain, with market attention focused on further cues after the US Federal Reserve delivered its first rate cut of the year.
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Spot gold was up 0.8% at $3,672.08 per ounce by 1:36 p.m. EDT (1736 GMT). Prices are up 0.8% so far this week. US gold futures for December delivery settled 0.7% higher at $3,705.80.
The US central bank cut its key interest rate by 25 basis points on Wednesday but tempered the move with warnings about persistent inflation, casting doubt over the pace of future easing.
This story is from the September 22, 2025 edition of Business World Philippines.
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