Gold prices fell due to dollar and yield gains, while gold fell to a two-week low due to inflation expectations.

Bullion prices remained safe after inflation reading, setting tone for Federal Reserve meeting.

August inflation is expected to be 0.6%, with core inflation remaining at 0.2%.

Increased inflation may prompt the Fed to raise or maintain rates.

Gold’s recovery is limited by high US rates until mid-2024, and lowered recession prospects indicate poor demand.

Bullion movements may be driven by other major economies’ weakness.