According to ChainCatcher news and reports from Jin10, with the support of the fading expectations for the Fed to cut interest rates next month, gold prices continued to fall for the third consecutive day. On Tuesday morning, spot gold traded around 4,040 USD/ounce. Traders and policymakers are awaiting a large amount of data to be released, and several Fed officials have warned that they will not lower borrowing costs again. The interest rate swap market currently shows that the probability of the Fed cutting rates in December is less than 40%.