Gold bias flipped 47 times to bullish on August 3, 2026
Gold prices have stabilized and are rebounding on technical factors after a period of pressure, according to recent market reports. Support is coming from central bank demand, as the Bank of Korea plans to buy from local producers, and a generally positive outlook from industry analysts. While forecasts like UBS's project further gains, they also acknowledge the risk of a near-term pullback.
Updated
The reading that day
BullishAt the close of the UTC day.
BearishNeutralBullish
It changed 47 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
- 00:00Neutral
- 00:07Bearish
- 00:15Neutral
- 00:19Bearish
- 01:03Neutral
- 01:27Bearish
- 01:39Neutral
- 02:28Weak bullish
- 02:32Neutral
- 03:28Bearish
- 03:40Neutral
- 04:00Bullish
- 04:36Neutral
- 06:33Bullish
- 07:01Bearish
- 07:09Neutral
- 07:13Weak bearish
- 07:25Bearish
- 07:29Neutral
- 07:57Bullish
- 08:53Neutral
- 09:17Weak bearish
- 09:21Neutral
- 09:49Bullish
- 10:17Neutral
- 10:42Bearish
- 10:54Neutral
- 11:58Bullish
- 12:10Neutral
- 12:42Bearish
- 12:58Weak bullish
- 13:06Neutral
- 14:46Bearish
- 15:36Bullish
- 15:44Neutral
- 16:25Bearish
- 16:41Bullish
- 17:09Weak bullish
- 18:01Neutral
- 18:21Bearish
- 20:09Weak bullish
- 20:21Bearish
- 20:25Bullish
- 20:29Neutral
- 20:41Bullish
- 20:49Neutral
- 23:25Bearish
- 23:44Bullish
Headlines (21)
First seen on August 3
- Iran war live: Trump says talks to resume; Tehran urges US to honour MoUAl Jazeera
- Gold Rises on Technical ReboundThe Wall Street Journal
- Gold recovers above $4,050 as Trump pauses Iran strikesFXStreet
- Trump keeps escalating his trade threats. This time, Europe isn’t biting.politico.com
- UBS forecasts gold at $5,200 by June 2027 despite near-term pullback riskInvestingLive
- Australia's gold mining industry has 'bright' future – Surbiton AssociatesMining Weekly
- Can Gold Really Reach $20,000? The Market Conditions Behind the ForecastInvesting.com
- Why Gold Ignores Oil, Yields and Dollar—And What Could Finally Break the RangeActionForex
- Gold: Explosive phase, muted correction – Deutsche BankFXStreet
- Sponsored: Dakota Gold targets 2029 productionnorthernminer.com
- Bank of Korea to buy gold from local producersInvesting.com
- Namibia’s gold rush is intact thanks to Wia, B2Goldminingmx.com
- Gold and Silver Under Pressure, But a Technical Rebound May Be NearInvesting.com
- Gold declines to near $4,050 on US–Iran talks uncertaintyFXStreet
Carried over from earlier days
- Healey’s profiteering warning on food and fuel sparks retailer angerThe Guardian
- 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
- Gold Resumes Skidding, (Fresh Premium Kidding)Gold Eagle
- Oil Prices Plummet as Investors Digest Pause in Fighting in Iran WarThe New York Times
- Trump Pivots Back to Diplomacy as Iran Victory Eludes HimThe Wall Street Journal
- Oil Prices Fall Amid Hopes of Possible U.S.-Iran DealThe Wall Street Journal
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 PMI | 54.0 | USD |
| Construction Spending m/m | 0.2% | USD |
| ISM Manufacturing Prices | 70.0 | USD |
| Omdia Total Vehicle Sales | 16.3M | USD |
| Loan Officer Survey | USD | |