Gold prices in the United States have surged to historic highs on September 29, 2025, reflecting strong market demand amid economic uncertainties. The price of gold per ounce in the US reached approximately $3,815.08 today, marking a significant increase of 1.48% compared to the previous day’s rate of around $3,759.31.
This rally in gold prices is attributed primarily to a weakening US dollar and growing expectations that the Federal Reserve will continue to cut interest rates later this year. Lower interest rates tend to boost gold’s appeal as a safe-haven investment since they reduce the opportunity cost of holding non-yielding assets like gold.
The market also reacted to recent US economic data showing steady inflation numbers, with investors anticipating further Fed easing. This has pushed gold above the $3,800 per ounce mark for the first time, underscoring its role as a protective asset during times of economic and geopolitical uncertainty.
Alongside the ounce rate, the gram-based prices also saw increases, with 24K gold trading around $122.67 per gram and 22K gold at approximately $112.44 per gram. Jewelry buyers and investors alike are advised to monitor these dynamic prices closely.
Looking ahead, analysts expect gold to maintain its elevated levels as long as inflationary pressures persist and economic growth remains uncertain. With the US government facing political challenges and global geopolitical tensions simmering, gold continues to be a preferred asset for preserving wealth.
In conclusion, today’s gold rate signals a bullish trend in the American market, driven by macroeconomic factors and safe-haven demand, making gold an attractive investment option for those seeking stability in volatile times.