Gold Surpassed US$4,400 Again Amid Dollar Weakness

Gold rose more than 1% this Thursday, driven by weakness in the global dollar and a pullback in U.S. Treasury bond yields. These movements led the market to recalibrate its expectations regarding the Federal Reserve's next steps on interest rates.

Attention Turns to U.S. Employment Report

Looking ahead in the short term, investors are awaiting the nonfarm payrolls data to be released this Friday, considered key to anticipating the direction of U.S. monetary policy.

Gold strengthens and is an option to preserve capital.

New York Fed: Inflation Continues to Moderate

The President of the Federal Reserve Bank of New York, John Williams, stated that there are signs that inflation in the U.S. continues to decelerate as the effect of tariffs fades. According to his comments, the increase in energy prices is not being passed through to other services. These remarks came at a time when the financial market is seeking to define its projections on interest rates in the country.

Private Employment Grew Less Than Expected

According to the monthly ADP report, private companies in the United States added 38,000 jobs during August. The data provides an additional clue about the health of the labor market, although investors remain focused on the official nonfarm payrolls report to be released this Friday.