Bas Kooijman, CEO and asset manager at DHF Capital S.A., said gold eased in the Asia afternoon session as the dollar strengthened and U.S. Treasury yields climbed. Investors are shifting focus to the Jackson Hole symposium; with forward guidance limited, any signals from policymakers could move markets.

AUD traded near an 11-week high on Tuesday after RBA minutes from the August meeting showed policymakers closer to a rate increase than markets had expected. The minutes said several members judged tightening necessary given upside inflation risks but chose to hold while awaiting further data; they noted employment, inflation and growth data would be available by the next meeting, keeping a rate hike an option. Markets place only a 14% probability on a 25bp increase from the current 4.35% cash rate at the next meeting, but a 68% chance of a hike in December. RBA officials reiterated that inflation risks remain skewed to the upside and rates could be raised again if inflation does not fall as expected.

According to The Information, Meta Platforms (META.O) plans to launch its 'HATCH' AI agent platform in the coming weeks.