Gold bias flipped 9 times to neutral on August 21, 2026
Gold is being driven higher by escalating geopolitical tensions, particularly a deadly Russian missile barrage on Kyiv, alongside investor concerns over US fiscal credibility and debt, which have weakened the dollar. The metal hit a three-month peak above $4,600 before pulling back below $4,500 as Treasury yields recovered some losses. These crosscurrents have kept gold volatile in recent sessions.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 9 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
- 00:47Neutral
- 01:23Bullish
- 02:03Neutral
- 02:25Weak bullish
- 02:53Bullish
- 04:28Weak bullish
- 19:45Neutral
- 20:04Bullish
- 20:22Neutral
Headlines (12)
First seen on August 21
- USD slammed in Asia Friday: Bitcoin, gold, FX surge as investors hedge against US fiscal credibility concernsInvestingLive
- Gold surges and breaks away from its 200 day MAInvestingLive
- Gold hits three-month peak above $4,600 as Middle East risks fuel rallyFXStreet
- Gold Above $4,600 on Weaker Dollar, Debt FearsThe Wall Street Journal
Carried over from earlier days
- Russian missile barrage across Ukraine's capital kills at least 12 and wounds 33ABC News
- Market Quick Take - US Treasury Buyback Announcement Punishes USD - 20 August 2026home.saxo
- Why Gold & Silver Jumped Overnightbullionstar.com
- Video shows Russian missile strike on Ukrainian capitalAl Jazeera
- When bond markets need support, hard assets start to look harderhome.saxo
- Gold Price Forecast: XAU/USD corrects below $4,500 as Yields recover some lossesFXStreet
- Deadly Russian missile barrage hits Kyiv in hours-long overnight attackAl Jazeera
- Gold pulls back as US yields recover after Treasury buybackFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, August 21 | ||
| Flash Manufacturing PMI | 53.9 | USD |
| Flash Services PMI | 54.0 | USD |
| President Trump Speaks | USD | |
| Monday, August 24 | ||
| Treasury Sec Bessent Speaks | USD | |
| Tuesday, August 25 | ||
| ADP Weekly Employment Change | USD | |
| S&P/CS Composite-20 HPI y/y | 1.9% | USD |
| HPI m/m | 0.2% | USD |
| CB Consumer Confidence | 90.3 | USD |