Gold Prices Edge Lower After Fed Rate Cut and Strong US Jobless Data

New York, September 19, 2025 (Saudi Arabia Breaking News) – Gold prices fell during the North American session on Wednesday, retreating 0.39% after the US Federal Reserve’s rate cut and stronger-than-expected initial jobless claims data.

Spot gold (XAU/USD) slipped from a high of $3,673 to $3,643 as investors took profits following solid US labor and manufacturing figures.