Summary: Gold prices held firm above US$3,500, driven by investor confidence in a potential US Federal Reserve rate cut in September. US rate futures price in a 92% chance of a 25-basis-point cut, with investors awaiting US non-farm payrolls data for further clarity.

Link: https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-extends-record-run-us-rate-cut-bets-lift-appeal