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FX Daily Updates
Gold tops $4,200 for first time on US-China trade tensions, Fed cut bets
georgemiller
Publish Date: Wed, 15 Oct 2025, 07:12 AM

Oct 15 (Reuters) - Gold prices pierced the $4,200 mark for the first time to set a fresh record high on Wednesday, as renewed U.S.-China trade tensions exacerbated existing global uncertainties, alongside increased bets on further U.S. Federal Reserve rate cuts.
Spot gold was up 1.4% at $4,199.99 per ounce by 0659 GMT, after hitting an all-time high of $4,200.11. U.S. gold futures for December delivery gained 1.3% to $4,218 per ounce.
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https://www.reuters.com/world/china/gold-tops-4200-first-time-us-china-trade-tensions-fed-cut-bets-2025-10-15/