


TechFlame news. On September 15, according to the Gold10 data report, the price of gold fell slightly in early Asian trading due to a profit settlement and the strengthening of the US dollar, but it remained hovering near a historical high against the backdrop of widespread market expectations that the Federal Reserve would cut interest rates this week. Gold futures fell about 0.4% to 3,672 US dollars/ounce, and the US dollar index remained flat at around 97.55.
Analysts at Peak Trading Research said, “The market has almost completely set expectations for the Fed to cut interest rates for the first time since December 2024,” while “Powell's speech will be closely watched to seek the Fed's outlook on inflationary pressure, recent labor market weakness, and the impact of potential tariffs on monetary policy.” Continued geopolitical uncertainty
, strong demand from central banks for gold purchases, and continued capital inflows into gold ETFs further support the price of gold.