Gold edges higher near two-month peak ahead of US inflation data
2 sources·Updated August 12, 2026
Covered by 2 sources
- Dawn World PK·1h agoGold rebounds towards 10-week high as markets brace for US inflation data
Gold prices rose on Wednesday, supported by reduced bets on Federal Reserve tightening next month as investors awaited key US inflation data that could reshape policy expectations. Spot gold gained 0.6 per cent to $4,391.82 per ounce by 0535 GMT. US gold futures for December…
Read at Dawn World PK → - ET Markets·17h agoGold edges higher near two-month peak ahead of US inflation data
Gold edged higher near a two-month peak as investors awaited US inflation data for clues on Federal Reserve policy. Weaker jobs data reduced expectations for a September rate hike, supporting bullion, while geopolitical tensions kept oil prices elevated.
Read at ET Markets →
