The Fed's interest rate cuts and further easing signals continue to drive gold higher.

Jin10 data reported on September 22, on Monday, gold prices soared to a historic high as investors flocked to gold as a safe-haven asset following last week's interest rate cut by the United States and signals of further easing from the Fed. The market's subsequent focus includes a series of speeches from Fed officials and the upcoming key inflation data (Core PCE) from the United States this week. Market analyst Tim Watters stated that gold has once again held above today, with traders focusing on the upward potential before the year-end, driven by expectations of further rate cuts from the Fed. At the same time, the Central Bank's continued buying is also supporting gold's momentum. Watters stated: “If U.S. macro data continues to support the Fed's dovish narrative, gold may reach a new historical high this week.”