Gold price today, Friday, September 19, 2025: Gold up slightly with Fed’s independence in question

Core Insights - Gold prices have shown a significant upward trend, with futures opening at $3,677.70 per ounce, reflecting a 0.9% increase from the previous day's close [1][4]. - The price of gold has remained above $3,600 since September 9, indicating strong market support [1]. Price Trends - The current gold price is up 10.4% over the past month from an opening price of $3,330.20 on August 19, 2025 [4]. - Year-over-year, gold has increased by 43.3% from an opening price of $2,566 on September 19, 2024 [4]. - The opening price on Friday is also up 0.6% from the previous week's opening price of $3,655.50 [4]. Market Influences - Investors anticipate two additional interest rate cuts from the Federal Reserve this year, which could bolster gold prices [2]. - Geopolitical tensions in the Middle East and Ukraine, along with uncertainties regarding U.S. tariffs, are contributing to the rising gold prices [3]. - Goldman Sachs Research has projected that gold could reach $3,700 per troy ounce by the end of 2025, representing a 40% increase from its January 2 opening price of $2,633 [11]. Investment Opportunities - Costco has begun selling gold bars, silver coins, and platinum bars, providing a convenient option for investors looking to diversify their portfolios [6][7]. - The demand for precious metals is increasing, with gold, silver, and platinum all showing significant price increases in 2025 [7].