Asian market gold slightly rose in early trading, with a sense of wait-and-see prevailing in the market.

In the early Asian trading session, with a cautious sentiment prevailing in the market, the price of gold has slightly risen. Spot gold has increased by 0.1%, trading at $3,687.84 per ounce. Analysts from ANZ Bank's research department reported that the market seems to be waiting for more clues about the Federal Reserve's interest rate cut path. These analysts stated, "Traders are still betting on two more interest rate cuts before the end of the year." They added that they expect gold to perform well in this current easing cycle. Several Federal Reserve officials, including Fed Chair Powell, are scheduled to speak this week.