NewsPips AI
Menu

Gold news for August 12, 2026

Gold slipped at the open but was supported by Chinese dip-buying, while a cooler CPI report and soft jobs data helped lift prices to a two-month high. The metal's rally comes as markets await further US inflation data this week, with several unrelated forces reportedly moving gold higher.

How the day unfolded

  1. Gold has climbed, supported by weak US jobs data that boosted rate-cut expectations, with prices holding above $4,300. China has also been buying dips, adding to demand. However, upcoming US CPI data could wipe out these gains if it surprises.

  2. Gold is holding above $4,300 after soft US jobs data strengthened rate-cut bets and drove a $2.5 billion futures surge on Binance. China was reported to have bought the dip at the open, while the upcoming US CPI report is highlighted as a potential risk that could erase recent gains. The $4,432 price level is noted as key for determining whether the metal's advance can extend.

  3. Gold has climbed to a two-month high above $4,300, supported by growing bets on US rate cuts after weak jobs data. The metal is also seeing dip-buying from China. Traders are now focused on upcoming US CPI data, which could swing the market.

  4. Gold has been climbing, reaching its highest level since June and topping $4,400, supported by rate-cut expectations following a soft jobs report and ongoing buying on dips, notably from China. However, the metal slipped at the open and is holding above $4,300 as markets await US inflation data this week, with analysts cautioning that a hot CPI reading could erase recent gains.

  5. Gold is rallying, supported by building rate-cut bets and a soft U.S. jobs report, with prices holding above $4,300 and briefly topping $4,400. China has reportedly bought the dip, while India also saw price gains. However, the upcoming U.S. CPI inflation data is seen as a key risk that could reverse recent gains.

  6. Gold is trading near multi-month highs, supported by growing expectations of US rate cuts following a soft jobs report. Prices have held above $4,300 and touched two-month highs, with China reportedly buying dips. However, markets are cautious ahead of US CPI data this week, which could significantly influence the metal's direction.

  7. Gold is being driven by growing expectations of US rate cuts after softer jobs data and cooling inflation, which have lifted the metal to a two-month high above $4,300. China has reportedly bought dips, while upcoming US CPI data remains a key risk that could either extend or erase recent gains. Prices have recently topped $4,400 per ounce.

  8. Gold has risen to a two-month high, supported by a soft jobs report and market expectations that cooler CPI data will reduce the case for further rate hikes. Chinese buyers have also been buying on dips, adding support. However, the upcoming US inflation report is seen as a key risk that could reverse recent gains if it surprises to the upside.

  9. Gold has been climbing recently, reaching a two-month high, supported by a softer US jobs report and cooler CPI data that tempered expectations for further rate hikes. However, attention remains on upcoming US inflation data, which could influence the metal's direction, while Chinese buying on dips has provided additional support. Various unrelated factors have also moved gold and silver higher, indicating broad-based demand.

  10. Gold is trading near its strongest level in two months, supported by a softer U.S. jobs report and cooling rate-hike expectations. The metal also drew dip-buying from China, while investors await the latest U.S. CPI data, which could either extend or reverse the rally.

Headlines (16)

Scheduled events

As of 23:49 UTC

Gold — latestAll Gold daysWhat moves GoldAll markets

Not investment advice. For informational purposes only.