Gold rate today, Sept. 18 -- Gold prices moderated a bit on Thursday following the much-expected Fed rate cut announcement of 25 basis points overnight and as traders turned cautious following the Federal Reserve's guarded optimism regarding rate cuts for the remainder of 2025.

While the gold rate languished from an all-time high amidst hawkish tone and some profit booking, it quickly witnessed a sharp recovery. Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, expects volatility to remain high in the gold rate, with profit booking at higher levels and strong buying support on dips. Gold range is seen between Rs.1,07,500- Rs.1,11,000 on MCX and $3,633 to $3,670 on the Comex.

The Fed chair Jerome Powell announ...