Gold and silver edged lower in early U.S. trading as firm U.S. Treasury yields and a steady-to-slightly stronger dollar limited bullion’s appeal, while bargain hunting offered support after a pullback that followed inflation data. Gold traded near $4,588.50 an ounce, down 0.10%, while Gate’s latest snapshot showed gold at $4,590.4, down 0.13%, and silver at $68.306, up 0.4%. Investors were also awaiting CPI, retail sales, Federal Reserve minutes and speeches by Chair Jerome Powell. CME FedWatch futures indicated roughly a 60% chance of a September rate cut, down from about 70% a month earlier after stronger-than-expected jobs data and persistent inflation. Mixed global markets and higher crude prices accompanied the move. Gate’s TradFi service offers precious metals, foreign exchange, global stock CFDs, major indexes and commodities through its App and Web platforms.