Gold bias flipped 5 times to neutral on August 9, 2026
Gold is being supported by expectations of dovish Federal Reserve policy, which has weighed on the dollar and Treasury yields, alongside strong demand from Chinese investors and central banks. Fresh momentum came from a weaker US jobs report showing a loss of 23,000 jobs, adding to bullion's appeal. While Middle East de-escalation has reduced some safe-haven demand, upcoming US CPI data remains a key risk that could affect the metal's trajectory.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 5 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
- 11:24Weak bullish
- 12:04Bullish
- 12:08Neutral
- 12:12Bullish
- 15:09Neutral
Headlines (23)
First seen on August 9
- Middle East crisis live: Hormuz will stay closed until US ‘accepts all our conditions’, say Iran’s Revolutionary GuardsThe Guardian
- Gold & Silver Surge — Is Platinum the Next Metal to Explode?Gold Eagle
- Gold Finally Finds Its 4000 FloorGold Eagle
- Iran War Timeline: Key Moments and Attacks In U.S. and Israel’s CampaignThe New York Times
Carried over from earlier days
- Chinese investors pour $1.2bn into gold ETFs in longest streak since MarchInvestingLive
- Gold Futures Consolidate Near $4,290 as VC PMI Targets $4,349–$4,398Investing.com
- Gold stays supported amid Middle East de-escalation, but the US CPI could erase the gainsInvestingLive
- China's gold reserves rise by most since October 2023 as buying pace quickensMining Weekly
- Gold Surges 6.6% Past $4,300 as US-Iran Hormuz Talks Slash Fed Hike Odds to 55%CoinGape
- Gold Gains as Dovish Fed Expectations Pressure DXY and Treasury YieldsInvesting.com
- Gold, silver prices surge as US economy sheds 23,000 jobsMining.com
- Gold Soars As This Week’s Massive Intervention Happened Because The System Is CollapsingKing World News
- Gold Flows Into ETFs Flipped Positive in July as Investors Buy the DipGold Eagle
- Bitcoin Trailed a $2.7 Trillion Gold and Silver Rally: Is the Yen to Blame?BeInCrypto
- The Jobs Report Did What Iran Couldn’t: Move Gold and the Fed in the Same DirectionGoldSilver
- Gold Just Climbed to a 7-Week High. One Number Changed Everything.GoldSilver
- Gold miners surge more than 20% in breakout weekMining.com
- Gold Rally Shows How Fast Fed Repricing Can Reset Bullion DemandInvesting.com
- Germany’s gas gamble puts Europe’s winter at riskpolitico.eu
- Surprise US job weakness casts serious doubt on Fed rate hikesING Think
- Russian strikes on Ukraine kill 12, wound over 80 overnightpolitico.eu
- Gold Price Exclusive Update - August 8, 2026Gold Eagle
- Surging Asian Gold Demand Could Signal a "Structural Wealth Shift"Gold Eagle
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, August 10 | ||
| Cleveland Fed Inflation Expectations | USD | |
| FOMC Member Hammack Speaks | USD | |
| Tuesday, August 11 | ||
| NFIB Small Business Index | 97.8 | USD |
| ADP Weekly Employment Change | USD | |
| Existing Home Sales | 4.05M | USD |
| 10-y Bond Auction | USD | |
| API Weekly Statistical Bulletin | USD | |
| Wednesday, August 12 | ||
| Core CPI y/y | 2.5% | USD |