PRECIOUS-Gold scales record high after Fed rate cut
ReutersSep 17, 2025 6:13 PM
Sept 17 (Reuters) - Gold soared to a record high on Wednesday after the U.S. Federal Reserve cut interest rates by a quarter of a percentage point at its policy meeting.
Spot gold XAU= gained 0.4% to $3,707.40 per ounce by 2:09 p.m. EDT, while U.S. gold futures GCcv1 for December delivery settled 0.2% lower at $3,717.8.
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