{"id":118284,"date":"2025-09-01T10:33:18","date_gmt":"2025-09-01T06:33:18","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=118284"},"modified":"2025-09-01T10:33:20","modified_gmt":"2025-09-01T06:33:20","slug":"gold-extends-rally-to-four-month-high-as-rate-cut-bets-and-safe-haven-demand-rise","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-extends-rally-to-four-month-high-as-rate-cut-bets-and-safe-haven-demand-rise\/09\/01\/market-updates\/","title":{"rendered":"Gold Extends Rally to Four-Month High as Rate Cut Bets and Safe-Haven Demand Rise"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Gold prices climbed to their highest level since mid-April in Asian trading on Monday, driven by strong <strong>expectations of a September Federal Reserve rate cut<\/strong> and heightened <strong>safe-haven demand<\/strong> amid Fed independence concerns and tariff-related uncertainty.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Spot Gold<\/strong>: $3,480.56\/oz (+0.9%)<\/li>\n\n\n\n<li><strong>Gold Futures (December)<\/strong>: $3,551.82\/oz (+1%)<\/li>\n\n\n\n<li><strong>August performance<\/strong>: Nearly <strong>+5%<\/strong>, marking the fifth consecutive day of sharp gains.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Fed Rate Cut Bets Support Bullion<\/h3>\n\n\n\n<p>Markets increased wagers on a <strong>25 basis point cut<\/strong> in September after the <strong>PCE inflation index<\/strong> came broadly in line with forecasts.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>CME FedWatch tool<\/strong>: Pricing in <strong>~90% probability<\/strong> of a September cut.<\/li>\n\n\n\n<li>Lower rates reduce the opportunity cost of holding gold, making the non-yielding asset more attractive.<\/li>\n<\/ul>\n\n\n\n<p>Attention now shifts to <strong>U.S. non-farm payrolls data<\/strong> later this week.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Weaker jobs data<\/strong> \u2192 stronger case for easing.<\/li>\n\n\n\n<li><strong>Stronger data<\/strong> \u2192 risk of markets scaling back rate cut bets.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Safe-Haven Demand Bolstered by Tariffs and Fed Tensions<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A <strong>U.S. appeals court ruling<\/strong> deemed many Trump-era tariffs illegal, raising uncertainty about duties on Chinese imports. The court kept tariffs in place until <strong>October 14<\/strong>, pending a Supreme Court appeal.<\/li>\n\n\n\n<li>Political pressure on the Fed has intensified, with Trump attempting to <strong>dismiss Fed Governor Lisa Cook<\/strong> over alleged mortgage fraud. Cook has <strong>rejected Trump\u2019s authority<\/strong> and filed a lawsuit.<\/li>\n<\/ul>\n\n\n\n<p>This tug-of-war between politics and monetary policy has increased investor demand for safe-haven assets like gold.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Silver Hits 14-Year High; Metals Mixed<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Silver Futures<\/strong>: $41.32\/oz (+1.5%), a <strong>14-year high<\/strong>.<\/li>\n\n\n\n<li><strong>Platinum Futures<\/strong>: $1,346.65\/oz (+1.3%).<\/li>\n\n\n\n<li><strong>Copper<\/strong>: LME futures flat at $9,934.65\/ton; COMEX futures edged 0.2% lower at $4.60\/lb.<\/li>\n<\/ul>\n\n\n\n<p>Chinese factory activity showed mixed signals:<\/p>\n\n\n\n<p><strong>Private survey (Caixin)<\/strong>: strongest expansion in five months, hinting at improving demand for industrial metals like copper.<\/p>\n\n\n\n<p><strong>Official PMI<\/strong>: contracted for a fifth straight month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices climbed to their highest level since mid-April in Asian trading on Monday, driven by strong expectations of a September Federal Reserve rate cut and heightened safe-haven demand amid Fed independence concerns and tariff-related uncertainty. Spot Gold: $3,480.56\/oz (+0.9%) Gold Futures (December): $3,551.82\/oz (+1%) August performance: Nearly +5%, marking the fifth consecutive day of &hellip;<\/p>\n","protected":false},"author":9,"featured_media":116449,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,37,36],"tags":[],"class_list":["post-118284","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=118284"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118284\/revisions"}],"predecessor-version":[{"id":118285,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118284\/revisions\/118285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/116449"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=118284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=118284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=118284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}