Gold surged to a new all-time high above $3,700 per ounce on September 17, 2025, driven by central bank purchases and expectations of aggressive Federal Reserve rate cuts, per Tokentopnews.com and . The spot price hit $3,694.66 on September 16, up 0.42% daily and 10.87% monthly, reflecting a 43.54% yearly gain, per . Central banks bought 900 tonnes in 2025, a 41% rise above averages, fueled by geopolitical risks and inflation fears, per . Zain Vawda of OANDA noted, “Global growth uncertainty and geopolitical risk continue to keep haven demand high but the gold rally is being driven largely by anticipation of aggressive rate cuts from the Federal Reserve,” per. J.P. Morgan forecasts $3,675 by late 2025, rising to $4,000 by Q2 2026, per .
The gold surge is sparking speculation that Bitcoin (BTC) and Ethereum (ETH) could follow as “digital gold,” with historical patterns showing BTC gains 100–150 days after gold peaks, per [post:21]. BTC dipped to $113,000 amid profit-taking but holds above $112,000 support, up 18.3% YTD, per . ETH, up 32.6% YTD and outperforming BTC, trades at $4,100, testing $4,200 pivot amid ETF outflows, per . Analysts like Tom Lee predict ETH could surpass BTC in market value, akin to the 1971 gold standard end, per [post:22]. X posts from @Echochiu2 highlight BTC’s potential 30% three-month median gain post-gold peak, targeting $135,000–$145,000 by December 2025, per
The rally underscores macroeconomic volatility, with U.S. dollar weakening and 90% odds of a September 25 bps rate cut, per . Gold’s $3,700 peak mirrors 2020’s post-gold surge (BTC +286% in six months), per [post:21]. Central bank demand and ETF inflows bolster gold as an inflation hedge, potentially spilling into crypto as BTC ETFs see $50B in assets, per . Yet, Kronos Research’s Vincent Liu warns of sideways trading until Jackson Hole clarity, per. Investors should monitor Fed Chair Jerome Powell’s speech for dovish signals, per.
Gold could reach $3,800 by year-end, per , while BTC eyes $120,000 if it holds $112,000, per [post:24]. Track ETF flows via SoSoValue and on-chain data on CryptoQuant. Dollar-cost average into BTC or ETH with stop-losses below $112,000 and $4,000, or diversify into USDC, per TradingView. Follow @TheBlock__ on X for updates. Gold’s surge may catalyze crypto as an alternative hedge, but volatility persists until rate cut confirmation, per .
