The outlook for the Federal Reserve's interest rate cuts is unclear, and international gold prices continue to decline

According to Jin Ten's report, supported by the fading expectations of a rate cut in the U.S. next month, gold prices continued their decline from the previous three days. On Tuesday morning, spot gold was trading around $4,040 per ounce. Traders and policymakers are awaiting a large amount of data, and several Federal Reserve officials have warned that borrowing costs will not be lowered again. The interest rate swap market currently shows that the likelihood of a Federal Reserve rate cut in December is less than 40%.