Gold futures posted modest gains Wednesday on heightened expectations of a Federal Reserve interest rate cut after mild July inflation data signaled limited pass-through from President Trump's tariffs.

Treasury Secretary Scott Bessent wants Federal Reserve officials to lower interest rates by half a percentage point at the September meeting.

S&P 500 futures are up 0.02% . Dow Jones Industrial Average futures are up 0.02%. Nasdaq 100 futures are up 0.2%. On Tuesday, the Dow Jones Industrial Average rose 484 points, or 1.1%, to 44,459, the S&P 500 increased 72 points,