Tuesday, 30 September 2025
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Profit-Taking Pressures Gold Prices
Tuesday, 30 September 2025 16:50 WIB | MARKET ANALYSIS |GOLDEMAS

Gold fell on Tuesday (September 30th), pressured by a strengthening US dollar and rising Treasury yields, which increased the opportunity cost of holding non-yielding assets. After rallying to a new record above $3,800, the market was also overshadowed by profit-taking, dampening buying momentum. On the policy front, the market is reassessing the timing of the Fed's interest rate cut, resulting in a decline in risk appetite for riskier assets while reducing flows into hedge funds.

Looking ahead, the focus is on the Fed's signals and the release of US data that could alter expectations of an interest rate cut. Easing concerns about a government shutdown and improving risk sentiment could potentially restrain gold's gains, while escalating geopolitical tensions or data that weakens the dollar could again boost safe-haven demand.

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