August inflation in the US remains high, reinforcing expectations that the Federal Reserve (Fed) will raise rates next week.

The US president appears to be renewing his campaign to pressure both domestic and international bodies to implement his desired policies.

The wave of government bond sell-offs shows no sign of abating, pushing yields to multi-decade highs.

Global gold plunged over 100 USD per ounce in a single session, now nearing the 4,300 USD mark.

Analysts are optimistic about gold's long-term outlook but warn that interest rate and inflation volatility will cause significant market fluctuations.

The US president is again pushing for the dismissal of Federal Reserve board of governors member Lisa Cook, citing mortgage fraud allegations.

In recent days, several Fed officials have stated that interest rates should have been raised last week, or have expressed readiness to do so if necessary.