Thursday 11/Sep/2025 – 09:45 AM
Gold prices increased globally slightly, today, Thursday, with the anticipation of investors for American inflation data, as the weak data of the US producers’ price index strengthened the increasing expectations of reducing the Federal Reserve (the US Central Bank) for interest rates during its next meeting. Investors are currently awaiting the issuance of consumer price index data to obtain additional indicators about the future of monetary policy, according to Reuters.
Gold prices in instant transactions
Gold prices in instant transactions increased by 0.1% to $ 3645.04 an ounce, while US gold futures for December delivery increased by 0.1% to $ 3682.90. The prices of American producers had decreased unexpectedly in August due to the decline in the margins of commercial services and moderate increases in commodity costs.
According to a poll conducted by Reuters, the monthly increase in the consumer price index for August is expected to be at 0.3%, after it was 0.2% in July. It is also expected that the annual rate of inflation will reach 2.9%, compared to 2.7% in the previous month. The non -agricultural job report, which was issued last week, has strengthened the expectations of cash facilitation, indicating a slowdown in the labor market.
Gold is defined as a safe haven that does not generate returns, so it tends to rise in the conditions of low interest rates. With regard to other precious minerals, silver settled in instant transactions at $ 41.13 an ounce, while platinum increased by 0.5% to $ 1392.55, and palladium increased by 0.7% to 1181.56 dollars.
