{"id":119236,"date":"2025-09-25T14:17:21","date_gmt":"2025-09-25T10:17:21","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=119236"},"modified":"2025-09-25T14:17:24","modified_gmt":"2025-09-25T10:17:24","slug":"gold-holds-steady-as-markets-await-key-u-s-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-holds-steady-as-markets-await-key-u-s-data\/09\/25\/market-updates\/","title":{"rendered":"Gold Holds Steady as Markets Await Key U.S. Data"},"content":{"rendered":"\n

<\/p>\n\n\n\n

Gold prices steadied in Asian trading on Thursday, pausing after slipping from record highs as a stronger U.S. dollar and cautious signals from Federal Reserve officials curbed momentum.<\/p>\n\n\n\n

By 03:01 ET (07:01 GMT)<\/strong>, spot gold<\/strong> rose 0.2% to $3,713.42 an ounce<\/strong>, while U.S. gold futures for December<\/strong> edged 0.1% higher to $3,773.02<\/strong>. The yellow metal had retreated 0.7% on Wednesday<\/strong>, as a dollar rebound made bullion costlier for non-U.S. buyers.<\/p>\n\n\n\n

Fed Officials Strike Cautious Tone<\/h4>\n\n\n\n

Fed Chair Jerome Powell<\/strong> stressed on Tuesday that there was \u201cno risk-free path\u201d for monetary policy, warning against both premature and delayed easing. San Francisco Fed President Mary Daly<\/strong> echoed this view, underscoring that the pace of future cuts would be data-driven.<\/p>\n\n\n\n

This tone has injected caution into gold markets, with investors awaiting further clarity from upcoming U.S. economic reports.<\/p>\n\n\n\n

U.S. Data in Focus<\/h4>\n\n\n\n

Key U.S. indicators due later this week could determine bullion\u2019s near-term direction.<\/p>\n\n\n\n

    \n
  • Weekly jobless claims<\/strong> (Thursday) are expected at around 230,000<\/strong>, offering insights into labor market health.<\/li>\n\n\n\n
  • Q2 GDP estimate<\/strong> (Thursday) will gauge the economy\u2019s growth momentum.<\/li>\n\n\n\n
  • Core PCE price index<\/strong> (Friday), the Fed\u2019s preferred inflation gauge, is forecast to rise 2.7% year-on-year in August<\/strong>, still above the 2% target<\/strong>.<\/li>\n<\/ul>\n\n\n\n

    These numbers will shape expectations for whether the Fed follows through with further cuts this year.<\/p>\n\n\n\n

    Gold Supported by Haven Demand<\/h4>\n\n\n\n

    Despite the pullback, bullion remains close to last week\u2019s record highs above $3,790\/oz<\/strong>, underpinned by:<\/p>\n\n\n\n

      \n
    • Expectations of monetary easing<\/strong><\/li>\n\n\n\n
    • Geopolitical uncertainty<\/strong><\/li>\n\n\n\n
    • Strong central bank purchases<\/strong><\/li>\n<\/ul>\n\n\n\n

      Lower rates reduce the opportunity cost of holding non-yielding gold, keeping investor appetite robust.<\/p>\n\n\n\n

      Other Metals Trade Mixed<\/h4>\n\n\n\n

      Copper<\/strong> was mixed, with London futures slipping 0.5% to $10,313.65\/ton<\/strong>, while U.S. futures gained 0.4% to $4.85\/lb<\/strong>.<\/p>\n\n\n\n

      Silver futures<\/strong> edged 0.2% higher to $44.29\/oz<\/strong>.<\/p>\n\n\n\n

      Platinum<\/strong> was steady at $1,484.35\/oz<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

      Gold prices steadied in Asian trading on Thursday, pausing after slipping from record highs as a stronger U.S. dollar and cautious signals from Federal Reserve officials curbed momentum. By 03:01 ET (07:01 GMT), spot gold rose 0.2% to $3,713.42 an ounce, while U.S. gold futures for December edged 0.1% higher to $3,773.02. The yellow metal …<\/p>\n","protected":false},"author":9,"featured_media":105524,"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":[38,6827,49,36],"tags":[],"class_list":["post-119236","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119236","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=119236"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119236\/revisions"}],"predecessor-version":[{"id":119237,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119236\/revisions\/119237"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/105524"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=119236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=119236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=119236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}