Gold news for August 11, 2026
Gold is being supported by expectations of U.S. rate cuts after weak jobs data, with prices holding above $4,300 and China reportedly buying dips. However, traders are cautious ahead of upcoming U.S. CPI data, which could reverse recent gains if it surprises to the upside.
How the day unfolded
Gold is being supported by a combination of geopolitical tensions, as highlighted by the Iran conflict timeline, and growing expectations of US rate cuts after weak jobs data. The metal is holding above $4,300, with recent trading seeing continued gains alongside oil. These factors are keeping gold in focus as investors weigh inflation data ahead.
Gold prices are elevated, holding above $4,300 after hitting a two-month high, supported by safe-haven demand amid geopolitical tensions and growing expectations of US rate cuts following weak jobs data. A $2.5 billion gold futures surge on Binance was attributed to the weak jobs report. Investors are now awaiting US inflation data this week for further market direction.
Gold prices have risen to a two-month high, buoyed by growing rate-cut expectations following weak US jobs data and ongoing geopolitical tensions. The metal remains above $4,300 as markets await this week's US inflation report for further cues.
Gold is being supported by safe-haven demand amid ongoing Middle East tensions and by growing expectations of Federal Reserve rate cuts following weak US jobs data, which have pushed prices above $4,300. Attention now turns to this week's US CPI report, as a hot reading could threaten the recent rally.
Gold extended its rally on safe-haven demand and mounting expectations of Federal Reserve rate cuts after soft US jobs data. The metal held above $4,300, but attention now turns to upcoming US inflation figures, which could either cement or erase those gains.
Gold is being supported by safe-haven demand amid geopolitical tensions and expectations of US rate cuts following weak jobs data, with China also stepping in to buy dips. Prices have held above $4,300 as these factors offset earlier softness, though upcoming US CPI data is seen as a potential risk to the rally.
Gold is firming as safe-haven demand rises amid Middle East tensions and expectations of US rate cuts build after weak jobs data, with China reportedly buying the dip to support prices. The metal’s recent advance, however, faces a test from upcoming US CPI data, which could alter the interest-rate outlook.
Gold is being supported by a combination of safe-haven demand amid Middle East tensions and growing expectations of U.S. rate cuts following weak jobs data, which have helped push prices above $4,300. China's continued dip-buying is also adding a floor under the market. However, traders are wary that upcoming U.S. CPI data could reverse recent gains if it stokes inflation concerns.
Gold prices have been supported by weak US jobs data, which fueled expectations of interest-rate cuts, helping the metal hold above $4,300. Additional buying from China on dips and geopolitical tensions have also contributed to the rally. However, traders are wary that upcoming US CPI data could erase recent gains.
Gold remains supported above $4,300 as rate-cut expectations build following weak US jobs data, while ongoing Middle East tensions add a geopolitical bid. China was reported buying the dip on the recent slip at the open, and the metal continues to climb alongside oil, with attention on the $4,432 level as a key technical threshold.
Gold is holding above $4,300 as expectations for rate cuts build following soft US jobs data, which also triggered a surge in gold futures. China has been buying the dip after gold slipped at the open, providing support. However, analysts caution that upcoming US CPI data could reverse recent gains.
Gold is holding above $4,300 as weak US jobs data strengthen bets on rate cuts, with Chinese dip-buying adding support. The metal continues to climb in this environment, though traders flag that upcoming US CPI data could erase those gains if it comes in hot.
Headlines (11)
- Iran War Timeline: Key Moments and Attacks In U.S. and Israel’s Campaignwww.nytimes.com · Aug 9, 21:32 UTC
- Kosdaq circuit breaker triggered as Korean tech stocks surge. Kospi, Nikkei rise.investinglive.com · Aug 10, 02:30 UTC
- Gold Price Forecast: XAU/USD appears 'buy-the-dip' trade before the US inflation testwww.fxstreet.com · Aug 10, 03:50 UTC
- Weak US Jobs Data Drives $2.5 Billion Gold Futures Surge on Binancebeincrypto.com · Aug 10, 07:33 UTC
- Gold price forecast: Why 4,432 could decide whether the bullish move extendsinvestinglive.com · Aug 10, 08:20 UTC
- Gold runs hot, equity vol cools - Options Brief - 10 August 2026www.home.saxo · Aug 10, 12:23 UTC
- Gold holds above $4,300 as rate-cut bets buildwww.mining.com · Aug 10, 15:49 UTC
- investingLive Americas market news wrap: Gold and oil continue to climb, yen sinksinvestinglive.com · Aug 10, 20:21 UTC
- Gold hits two-month high as markets await US inflation data this weekinvestinglive.com · 01:27 UTC
- Gold extends the rally after the soft NFP, but the US CPI could wipe out all the gainsinvestinglive.com · 07:17 UTC
- Gold Slipped at the Open. China Bought the Dip. Again.goldsilver.com · 14:16 UTC
Scheduled events
As of 22:54 UTC
- 2026-08-11 — NFIB Small Business Index · forecast 97.5 · USD
- 2026-08-11 — ADP Weekly Employment Change · USD
- 2026-08-11 — Existing Home Sales · forecast 4.05M · USD
- 2026-08-11 — 10-y Bond Auction · USD
- 2026-08-11 — API Weekly Statistical Bulletin · USD
- 2026-08-12 — CPI y/y · forecast 3.4% · USD
- 2026-08-12 — Core CPI y/y · forecast 2.5% · USD
- 2026-08-12 — Core CPI m/m · forecast 0.2% · USD
Not investment advice. For informational purposes only.