Gold bias flipped 38 times to bullish on August 31, 2026
Gold has fallen to near a two-week low as expectations of a more hawkish Federal Reserve, fueled by oil-driven inflation fears and recent remarks from Kevin Warsh, have strengthened the U.S. dollar and pressured the metal. Meanwhile, official sector demand remains supportive, with central banks purchasing $47 billion of gold over the past three months. Geopolitical tensions, including U.S.-Iran strikes, are also in focus, though they have so far contributed to rate-hike bets rather than safe-haven flows.
Updated
The reading that day
BullishAt the close of the UTC day.
BearishNeutralBullish
It changed 38 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
- 00:00Bullish
- 00:20Neutral
- 00:36Bullish
- 00:52Weak bearish
- 01:08Bearish
- 01:24Neutral
- 02:17Weak bearish
- 03:06Neutral
- 04:00Weak bearish
- 04:16Neutral
- 04:36Weak bearish
- 04:52Neutral
- 06:50Weak bullish
- 08:02Neutral
- 09:07Weak bullish
- 09:49Neutral
- 10:05Weak bullish
- 10:21Neutral
- 11:10Weak bearish
- 11:26Weak bullish
- 11:43Weak bearish
- 11:59Neutral
- 12:36Bearish
- 12:56Weak bearish
- 13:13Weak bullish
- 13:29Neutral
- 13:49Weak bearish
- 14:18Weak bullish
- 14:34Neutral
- 15:47Weak bearish
- 17:16Neutral
- 17:44Bullish
- 18:00Neutral
- 18:56Bullish
- 20:03Weak bearish
- 20:19Neutral
- 20:53Weak bullish
- 21:28Neutral
- 23:49Bullish
Headlines (21)
First seen on August 31
- Gold steadies after sharp selloff as Warsh revives Fed hike betsInvesting.com
- Jackson Hole Comments Raise U.s. Rate Hike ExpectationsActionForex
- Gold extends slide as hawkish Warsh hangover weighs on sessionInvestingLive
- Gold drifts lower below $4,450 as hawkish Warsh remarks lift Fed hike betsFXStreet
- Gold tumbles as Warsh sparks rally on the US DollarFXStreet
- Bitcoin and Gold Outlook: BTC and XAU slide as Fed Chair goes hawkishFXStreet
- Gold futures drop below $4,450 per troy ounce first time since August 19TASS
- Gold drops to nearly two-week low as hawkish Fed bets rise amid oil-driven inflation fearsFXStreet
- Gold erases most of the Treasury-led gains as Fed Chair Warsh retightens financial conditionsInvestingLive
- U.S. and Iran Exchange Strikes Overnight After Monthlong CalmThe New York Times
- Gold holds near $4,450 as Fed rate-hike expectations keep buyers cautiousFXStreet
- Gold nears $4,400: Is the bullish run over?FXStreet
- Gold price slips as Mideast tensions stoke Fed hike betsMining.com
Carried over from earlier days
- Several killed in Israeli strikes on Gaza and West Bankfrance24.com
- Russian drone strike on Kyiv-area warehouse causes detonation, killing 37jpost.com
- Russian strike on a munitions depot triggers deadly blasts near KyivAl Jazeera
- Bessent On Bonds; Warsh On InflationGold Eagle
- Central Banks Buy $47 Billion Worth of Gold in 3 Monthswatcher.guru
- Silver Touches $70 as Physical Gold Demand Strains Vault CapacityGold Eagle
- Iran’s IRGC reports destroying US fighter jet deployment sites in Jordan — TasnimTASS
- Jordan intercepts eight Iranian missiles — Petra news agencyTASS
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, September 1 | ||
| Retail Sales y/y | 1.6% | CHF |
| Manufacturing PMI | 54.1 | CHF |
| FOMC Member Barr Speaks | USD | |
| Final Manufacturing PMI | 53.3 | USD |
| ISM Manufacturing Prices | 70.5 | USD |
| Construction Spending m/m | 0.0% | USD |
| JOLTS Job Openings | 7.33M | USD |
| ISM Manufacturing PMI | 55.2 | USD |