---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/32903344.md"
description: "Expectations for a September interest rate cut are growing, and many friends are already cheering. At the same time, there are questions in the group: Gold has always been a safe-haven asset, rising even without rate cuts. Now, with such high expectations for a rate cut, it's still rising. Why is it constantly going up? This is indeed a very good question. U.S. economic growth and tariff-related inflation concerns will continue to intensify in the second half of 2025. Combined with a weaker dollar, this will drive gold prices moderately higher to new historical highs. The current logic behind gold's rise is: September rate cut expectations → lower real interest rates → weaker dollar → safe-haven demand. If the rate cut happens in September, gold may launch a new round of gains. If it doesn't, short-term pullbacks could create opportunities for long-term allocation.Below is a summary from my friend for your reference.$iShares Gold Trust(IAU.US) $GoldMining(GLDG.US) $SPDR GOLD TRT(02840.HK)"
datetime: "2025-08-13T09:13:58.000Z"
locales:
  - [en](https://longbridge.com/en/topics/32903344.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/32903344.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/32903344.md)
author: "[美股Marry姐](https://longbridge.com/en/profiles/16537169.md)"
---

# Expectations for a September interest rate cut are…


### Related Stocks

- [IAU.US](https://longbridge.com/en/quote/IAU.US.md)
- [GLDG.US](https://longbridge.com/en/quote/GLDG.US.md)
- [02840.HK](https://longbridge.com/en/quote/02840.HK.md)