Gold prices rose on Thursday, supported by a weaker dollar and lower Treasury yields, amid increasing expectations of a U.S. interest rate cut in September. Spot gold climbed 1.2% to $2,410.69 per ounce, breaking a five-session losing streak, while U.S. gold futures increased by 0.7% to $2,450.40. The market is also focused on the upcoming weekly jobless claims data. Analysts suggest that gold could reach new highs as the market adjusts to potential Fed rate cuts, with economic uncertainties and geopolitical tensions further boosting its appeal as a safe-haven asset.