Spot gold rose, breaking through the August 20 high, hitting a historical high, at $2535 per ounce, up 0.95% intraday. Earlier, the number of initial jobless claims in the United States rose for the first time in three weeks, with the month-on-month PPI increase slightly exceeding expectations. According to cme's "Fed Watch," the market expects a 100% probability of a rate cut by the Fed on September 19, with an 85% probability of a 25 basis point cut and a 15% probability of a 50 basis point cut; the expected number of rate cuts within the year is 4 times.