Gold price today, Wednesday, September 10, 2025: Gold opens above $3,600 ahead of key inflation reports

Gold Price Trends - Gold futures opened at $3,662 per ounce on Wednesday, reflecting a 0.5% increase from Tuesday's close of $3,643.30. This marks a 3% rise from the opening price of $3,554.80 one week ago and a 6.5% increase from the opening price of $3,438.80 on August 8, 2025. Over the past year, gold has appreciated by 45.8% from the opening price of $2,512.30 on September 10, 2024 [1][4]. Economic Indicators and Market Sentiment - Investors are anticipating an interest rate reduction on September 17, but upcoming inflation reports could influence the Federal Reserve's decision. The U.S. Bureau of Labor Statistics is set to release the producer price index and consumer price index, both expected to show a 0.3% price increase in August [2][3]. Investment Outlook - Higher-than-expected inflation may hinder expectations for lower interest rates, yet it could enhance gold's appeal as a safe-haven asset [3]. Analysts remain optimistic about gold's future, with Goldman Sachs predicting a price of $3,700 per troy ounce by year-end 2025, representing a 40% increase from its January 2 opening price of $2,633 [15].