Gold bias held neutral on August 23, 2026
Gold is drawing support from a softer dollar and heightened geopolitical tensions, including escalating US-Canada trade friction and fresh threats from Russia and Iran. Headlines also point to early signs of demand recovery in India's gold market. Meanwhile, the sharp drop in the XAU/BTC ratio indicates a shift in relative flows toward Bitcoin, but gold's safe-haven appeal remains tied to currency and risk dynamics.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It held all 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
Headlines (20)
First seen on August 23
- Trump says Canada wants 'benefits of being a state' as trade war deepensfrance24.com
- Iran escalates threats as US pushes economic isolationfrance24.com
- Gold Winning, Dollar LosingGold Eagle
- Gold and Other Bits Get the Contra-Buck BidGold Eagle
Carried over from earlier days
- Gold futures top $4,600 per troy ounce, first time since May 29TASS
- Gold advances to fresh high since June amid renewed USD selling, fading Fed hike betsFXStreet
- Asian Stocks Slide on Bond Stress: Will Safe Havens BTC and Gold Keep Rallying?BeInCrypto
- Gold surges and breaks away from its 200 day MAInvestingLive
- Experts forecast gold prices rising to $5,000 amid inflation, central banks’ demandTASS
- Gold Bulls Regain Control as Price Attacks $4,600Investing.com
- 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
- WHAT A WEEK: Gold Futures Hit $4,660, Silver Futures $70!King World News
- Gold Hit a Three-Month High. Silver Hit a Two-Month High. One Story Connects Them.GoldSilver
- Bitcoin vs Gold Forecast: XAU/BTC Crashes to 3-Month Low as Ray Dalio Urges Investors to Buy BTCCoinGape
- Why an announcement from the Treasury sparked a rally in gold and bitcoin this weekMarketWatch
- Ray Dalio Predicts US Debt Crisis and Backs Bitcoin, Gold Over BondsCryptoPotato
- India Gold Market Showing Signs of RecoveryGold Eagle
- IN BRIEF: Putin comments on Kiev’s provocative moves and Russia’s retaliatory strikesTASS
- Putin warns Ukraine has opened ‘Pandora’s box’, rejects peace proposalsAl Jazeera
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, August 24 | ||
| Treasury Sec Bessent Speaks | USD | |
| Tuesday, August 25 | ||
| ADP Weekly Employment Change | USD | |
| HPI m/m | 0.2% | USD |
| S&P/CS Composite-20 HPI y/y | 1.9% | USD |
| CB Consumer Confidence | 90.3 | USD |
| Richmond Manufacturing Index | 7 | USD |
| New Home Sales | 620K | USD |
| API Weekly Statistical Bulletin | USD | |