Back 12 Sep 2025

Gold set for fourth weekly rise as US data lifts rate-cut hopes ​  

Summary: Gold prices rose for the fourth consecutive week, driven by concerns about a weakening US labor market and expectations of a Federal Reserve rate cut. US consumer prices rose in August, but weekly jobless claims surged, highlighting labor market softness. The Fed is expected to lower interest rates by 25 basis points on September 17th.

Link: https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-set-fourth-weekly-rise-us-data-lifts-rate-cut-hopes