Gold hits record above $3,500 as Fed cut bets surge
September 2, 2025 — Gold jumped to an all-time high above $3,500 per ounce on Tuesday as traders priced in a likely U.S. Federal Reserve rate cut this month, lifting demand for the non-yielding safe-haven asset and pushing year-to-date gains to roughly 32%. Key Takeaways Spot gold touched a record $3,508.50/oz before easing to $3,476.48 … Read more