Gold bias flipped 20 times to neutral on August 2, 2026
Gold has resumed its downward skid, even as one prominent investor argues the metal is still in the early stages of a bull market. Fed policymakers' internal disagreements add another layer of uncertainty. Geopolitical risks, including the US-Iran conflict and civilian casualties in the Middle East, remain in the background.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 20 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Weak bullish
- 01:21Bearish
- 02:29Bullish
- 02:37Bearish
- 02:49Neutral
- 03:01Weak bearish
- 03:37Neutral
- 04:49Bullish
- 05:05Neutral
- 05:09Bearish
- 05:21Neutral
- 08:54Weak bearish
- 09:02Neutral
- 10:18Bearish
- 12:02Neutral
- 16:03Bullish
- 16:19Neutral
- 22:15Bearish
- 22:23Bullish
- 22:39Bearish
- 23:43Neutral
Headlines (26)
First seen on August 2
- Iran's leaders show a united front over the war but are divided over what the goal isABC News
- Gulf States Pressed Trump to Hold Off on Iran Strikes and Pursue TalksThe Wall Street Journal
- The pro-Israel lobby has swayed US presidents since Truman. It must end with Trump | Ian Lustick and Eli CliftonThe Guardian
- No breakthrough on Strait of Hormuz as Trump halts attack on IranAl Jazeera
- How to end the ‘Hormuz war’Al Jazeera
- ‘They feel emboldened’: Iran leaving Trump with no good way outpolitico.com
- Saudi Crown Prince MBS urges Trump to ‘prioritise dialogue’ in US-Iran warAl Jazeera
- Trump admin. touts its transparency. Yet few Iran war details have been shared.cbsnews.com
- Healey’s profiteering warning on food and fuel sparks retailer angerThe Guardian
- Gold Resumes Skidding, (Fresh Premium Kidding)Gold Eagle
- Cracks Inside the Fed: Is It Good or Bad for Gold?Gold Eagle
- Paulson: We're Still in the Early Stages of a Gold Bull MarketGold Eagle
Carried over from earlier days
- India Gold price today: Gold falls, according to FXStreet dataFXStreet
- Gold Tests Weekly Sell Zone as Bull Market ContinuesInvesting.com
- Why Aren’t Gold and Silver Keeping Up With the Falling Dollar?ActionForex
- Gold: Central bank buying offsets ETF outflows – INGFXStreet
- Gold Buys the Dip. Forecast as of 31.07.2026.LiteFinance
- AngloGold quarterly profit up 58% as higher bullion prices offset lower outputMining Weekly
- The Weight of the Digital Economy: Why Gold and Silver MatterInvesting.com
- Could China's Gold Reserves Surpass the U.S. Within Five Years?Gold Eagle
- AngloGold’s ‘exceptional by any measure’ second quarter pays $364m dividendMining Weekly
- Gold Had Every Reason to Rally Today. It Didn’t. Five Reasons Why.GoldSilver
- Gold price: record gold output, record cost per ounceMining.com
- Michael Oliver Just Predicted Miners May Triple Skyrocketing Gold & Silver PricesKing World News
- The Canadian Gold Maple Leaf: Purer Than the Eagle, Lower Premium, and IRA-EligibleGoldSilver
- Middle East: Civilian death toll climbs in Gaza, Lebanon and West Bank as UN chief demands ‘the fighting must stop’UN News
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, August 3 | ||
| CPI m/m | -0.1% | CHF |
| Manufacturing PMI | 54.5 | CHF |
| Final Manufacturing PMI | 53.8 | USD |
| ISM Manufacturing Prices | 70.0 | USD |
| Construction Spending m/m | 0.2% | USD |
| ISM Manufacturing PMI | 54.0 | USD |
| Omdia Total Vehicle Sales | 16.3M | USD |
| Loan Officer Survey | USD | |