Gold futures (GC=F) are touching new highs in Friday's trading session, boosted by expectations of a Federal Reserve interest rate cut coming next week. Lower rates often serve as a catalyst for the commodity market. Yahoo Finance senior business reporter Ines Ferré breaks down the gold's current price trajectory. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith

The Federal Reserve is all set to cut its September 18th meeting. The meeting can bring fresh impetus to commodity prices, with gold being the biggest beneficiary.

The S&P 500 (GSPC) and Nasdaq (^IXIC) have jumped for four consecutive days, led by tech stocks. August's Producer Price Index came in line with expectations as inflation continues to cool ahead of the Federal Reserve's first interest rate cut. Meanwhile, gold (GC=F) prices hit another record high and crude oil (CL=F, BZ=F) moves 3% higher. Yahoo Finance Senior Reporter Alexandra Canal breaks down the biggest takeaways from Thursday's trading session. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl