{
  "id": 6537241,
  "title": "Gold edges higher on weaker dollar, US inflation data in focus",
  "url": "https://urgent.news/2026/09/10/gold-edges-higher-on-weaker-dollar-us-inflation-data-in-focus-6537241",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-10T03:56:05.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/09/1529584/gold-edges-higher-weaker-dollar-us-inflation-data-focus"
  },
  "original_language": "en",
  "account": "New York: Gold experienced a slight increase on Thursday, buoyed by a weaker dollar, as market participants awaited crucial US inflation data that could influence the Federal Reserve's interest rate decisions. Spot gold rose 0.3% to US$4,412.84 per ounce, while US gold futures for December delivery dropped 0.1% to US$4,457.10. Geopolitical events in the Persian Gulf are currently secondary to gold's performance, which is primarily driven by a weaker dollar. Despite the Federal Reserve's anticipated rate hikes, the US dollar has remained relatively stable, making dollar-priced metals like gold more affordable for international investors. The upcoming US Producer Price Index data at 12:30 GMT and consumer inflation figures due on Friday will likely provide further insights. The Federal Reserve will maintain its interest rates steady during its September 15-16 meeting and throughout the remainder of the year, contrary to market predictions for multiple increases, according to a majority of economists surveyed by Reuters. A Reuters poll indicated a 60% probability of a US rate increase this month. Higher interest rates typically make non-yielding assets less appealing to investors. Daniel Hynes, senior commodities strategist at ANZ, highlighted that US fiscal pressures continue to erode confidence in the long-term value of government debt and the currency supporting it, thereby supporting gold prices. In the previous month, US debt surpassed the US$40 trillion mark for the first time, prompting warnings of an impending fiscal crisis. Among other precious metals, spot silver increased 0.2% to US$67.42 per ounce, while platinum declined 0.6% to US$1,885.02, and palladium rose 0.2% to US$1,355.50.",
  "summary": "NEW YORK: Gold inched higher on Thursday, helped by a softer dollar, while market participants awaited key US inflation data that could shape the Federal Reserve's interest-rate path.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Gold edges higher on weaker greenback, US inflation data in focus",
        "url": "https://urgent.news/2026/09/10/gold-edges-higher-on-weaker-greenback-us-inflation-data-in-focus",
        "published": "2026-09-10T01:51:26.000Z"
      },
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "Gold edges higher on weaker dollar, US inflation data in focus",
        "url": "https://urgent.news/2026/09/10/gold-edges-higher-on-weaker-dollar-us-inflation-data-in-focus-6536183",
        "published": "2026-09-10T02:53:00.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Gold edges higher on weaker dollar, US inflation data in focus",
        "url": "https://urgent.news/2026/09/10/gold-edges-higher-on-weaker-dollar-us-inflation-data-in-focus",
        "published": "2026-09-10T03:09:36.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Gold holds steady above $4,400 as traders seem hesitant ahead of US inflation data",
        "url": "https://urgent.news/2026/09/10/gold-holds-steady-above-4-400-as-traders-seem-hesitant-ahead-of-us",
        "published": "2026-09-10T03:51:09.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Gold edges higher on weaker dollar, US inflation data in focus",
        "url": "https://urgent.news/2026/09/10/gold-edges-higher-on-weaker-dollar-us-inflation-data-in-focus-6540695",
        "published": "2026-09-10T04:55:47.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}