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International gold crosses USD 3,600 to touch new high
The Business Guardian
|September 09, 2025
Gold futures breached the USD 3,600 per ounce mark on Monday, marking their fresh all-time high, on expectations that the US Federal Reserve will cut the key policy rate.
At 16.06 IST, international gold traded at USD 3,656 per ounce.
Traditionally, rate cuts invariably make safe-haven asset gold lucrative.
"Tariff uncertainties along with firm rate cut expectations continue to provide strong support to Gold," said Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.
This story is from the September 09, 2025 edition of The Business Guardian.
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