10:08 - 3.09.2026

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September 3, Fineko/abc.az. Spot gold halted a three-day losing streak to trade above $4,430 per ounce after U.S. President Donald Trump indicated that military operations in the Middle East might be short-lived, cooling the recent rally in crude oil prices.

Continued physical gold purchases by central banks and a steadying U.S. dollar supported the precious metal's appeal. While New York Fed President John Williams offered reassuring remarks on easing inflation, markets remain volatile following Fed Chair Kevin Warsh's hawkish stance at Jackson Hole and ahead of the upcoming U.S. non-farm payrolls data.