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Reuters reports spot gold was little changed near $3,412 an ounce, on track for a monthly gain after a one-month high. A softer dollar and expectations for a September Fed rate cut supported prices.
Fed Governor Christopher Waller backed a cut next month and further reductions over the following months, with traders pricing an 86% chance of a 25bp cut.
Expectations of easier US policy keep the dollar under pressure, a mild support for dollar-denominated commodities, though the link to feed prices is indirect.
brecorder.comReutersAug 29, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
