Global gold rallied to test $4,500/oz following Fed official Christopher Waller's signal supporting rate hold in September, reducing market expectations of a rate increase from 63.2% to 50.4%. Thai domestic gold jumped 600 baht (to ~69,750 baht/baht-weight) as a weaker dollar and lower US bond yields reduced the opportunity cost of holding bullion. Key drivers include upcoming US inflation (CPI) and nonfarm payrolls data, with gold facing resistance at $4,490–$4,540.