The precious metal touched a fresh all-time high near $3,703 on Tuesday but has since eased, as investors book profits and reposition ahead of the US central bank's monetary policy announcement.

After opening the day higher, the benchmark indices continued their upward momentum, ended the session in green.

In this video, Ira Epstein covers a range of financial topics in his morning flash update for September 17, 2025. He discusses the significant increase in mortgage refinancing rates despite a drop in housing starts and building permits.

The persistent weakness of the U.S. dollar, ahead of the U.S. interest rate cut announcement later today, has helped the EUR/USD bulls quickly push the pair to the 1.1878 resistance level with a daily gain of nearly 1%.