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Gold news for August 13, 2026

Gold climbed to two-month highs, approaching $4,400, as cooler-than-expected CPI inflation data dampened expectations of further rate hikes. The metal also drew support from a mix of unrelated forces, though a subsequent pullback was attributed to PPI data, leaving the market focused on inflation signals.

How the day unfolded

  1. Gold has climbed to its strongest level in two months, supported by a softer U.S. jobs report and cooling CPI data that have eased talk of further rate hikes. Buying from China has also helped underpin any dips, while multiple unrelated forces have moved the metal higher. However, upcoming U.S. CPI data remains a potential source of volatility that could reverse recent gains.

  2. Gold has risen to its strongest level in two months, propelled by a soft jobs report and cooling rate-hike expectations following the latest CPI data. The metal also drew support from dip-buying in China and a convergence of unrelated market forces, as highlighted by analysts. However, traders remain wary that an upcoming US CPI print could erase recent gains.

  3. Gold is trading near $4,400 after a CPI-fuelled rally, with the report cooling rate hike talk and keeping the metal at its strongest level in two months. Buying from China and geopolitical focus on Hormuz are cited as additional supports, while some early dip was bought. The metal holds the weekly high as investors follow the latest upward move.

  4. Gold slipped at the open but drew dip-buying, particularly from China, after a CPI report cooled rate-hike expectations and lifted the metal to its strongest level in two months. Prices are holding near $4,400 following the CPI-fuelled rally, with investor attention turning to the Federal Reserve's next moves and geopolitical risks such as Hormuz. The moves were attributed to multiple concurrent factors, reflecting broad-based support for the metal.

  5. Gold has climbed to two-month highs above $4,380, supported by a cooler-than-expected CPI report that dampened rate hike talk and a jobs report showing 23,000 job losses. The metal is also being lifted by a confluence of other forces, including geopolitical attention on Hormuz and mixed economic signals. These factors have helped gold push toward $4,400, with the metal trading at its strongest level in two months.

  6. Gold climbed to two-month highs above $4,380, supported by a weaker-than-expected jobs report and cooler CPI data that reduced talk of further rate hikes. The metal later pulled back after producer-price data triggered a mixed market reaction. These moves highlight gold's sensitivity to shifts in U.S. economic data and interest-rate expectations.

  7. Gold climbed toward $4,400 after a weaker jobs report and cooling CPI data dampened expectations of further rate hikes. The metal hit its strongest level in two months, though it pulled back after the latest PPI reading. These mixed signals highlight how inflation and labor data are currently driving gold's price moves.

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Not investment advice. For informational purposes only.