Tokyo, September 4, 2025 (WAL) – Gold prices stabilized on Thursday, hovering near their all-time high recorded during the previous trading session, supported by growing expectations of an imminent US interest rate cut, as investors await key US employment data this week.

Spot gold was priced at $3,561.97 per ounce, maintaining recent gains after reaching an unprecedented record of $3,578.50 on Wednesday.

Meanwhile, US gold futures for December delivery fell 0.4% to $3,619.40 per ounce.

Other precious metals saw little change, with silver steady at $41.19 per ounce in spot trading, platinum rising 0.2% to $1,423.63, and palladium falling 0.6% to $1,140.50.

Investors continue to closely monitor US economic developments, especially the upcoming employment data, which will directly influence the Federal Reserve’s monetary policy direction in the near future.