Gold bias flipped 23 times to weak bearish on September 7, 2026
Gold is under pressure from expectations of further Federal Reserve rate hikes, which strengthen the dollar and dampen demand for non-yielding assets. However, support comes from continued central bank buying and geopolitical tensions, such as the Iran conflict, that heighten stagflation concerns. The market is now focused on the upcoming US CPI report to gauge the next move.
Updated
The reading that day
Weak bearishAt the close of the UTC day.
BearishNeutralBullish
It changed 23 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
- 01:06Weak bearish
- 01:21Neutral
- 01:37Weak bullish
- 03:24Bullish
- 03:41Weak bullish
- 04:30Bearish
- 05:21Neutral
- 07:06Bullish
- 07:21Weak bullish
- 07:46Weak bearish
- 08:06Bullish
- 08:46Weak bearish
- 09:16Neutral
- 09:51Weak bearish
- 10:46Neutral
- 11:16Weak bearish
- 12:06Bearish
- 12:56Weak bullish
- 13:46Bullish
- 16:56Neutral
- 19:21Weak bearish
- 21:31Neutral
- 23:32Weak bearish
Headlines (21)
First seen on September 7
- Gold sold: Strong jobs data keeps September Fed hike alive. Mint sales slump.InvestingLive
- Gold Falls on Rising Fed Rate Hike ExpectationsThe Wall Street Journal
- What Is the Fed’s Blackout Period, and Why Does It Matter This Week?babypips.com
- investingLive Asia-Pacific market news: Oil firm on Hormuz strikesInvestingLive
- Gold remains depressed as reviving Fed rate hike bets and Iran risks underpin USDFXStreet
- $4,400: Gold struggles at that level, but bulls refuse to give up yetFXStreet
- Gold Face Key Levels as Iran Conflict Fuels Stagflation FearsInvesting.com
- Gold’s Round Trip: What the Post-NFP Reversal Reveals About This MarketInvesting.com
- Gold Is Waiting on Something Bigger Than Friday’s US CPIActionForex
- Gold bears retain control as Fed hike bets and Oil-driven inflation weighFXStreet
- Central Banks Bought 23 Tonnes Of Gold In JulyZeroHedge
- Gold’s Dip Below $4,400 Didn’t Scare Wall Street. Here’s Why.GoldSilver
- Gold bulls flinch as NFP puts Fed hawks back in the driver’s seatFXStreet
Carried over from earlier days
- Jim Rogers on $50,000 Gold & When I'm Sellingyoutube.com
- Iran claims strike on US ship in Strait of Hormuz as fighting escalatesfrance24.com
- US Added 162,000 Jobs in August, Fueling President Trump To Push for Lower Interest Rates Amid Trade Deficit Warningsdailyhodl.com
- Gold Slammed as Strong Jobs Report Revives Rate Hike FearsGold Eagle
- Gold’s Recent Rally is Weakening … But an Up Week Can Right ItGold Eagle
- Is U.S. losing its safe-haven status? Why global central banks are pulling gold.MarketWatch
- Trump official says ‘there may not be a nuclear agreement’ with IranAl Jazeera
- Europe failing to deter Russia’s ‘hybrid’ war, warn defence officialsFinancial Times
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, September 7 | ||
| Foreign Currency Reserves | CHF | |
| Unemployment Rate | 3.1% | CHF |
| Bank Holiday | USD | |
| Tuesday, September 8 | ||
| NFIB Small Business Index | 99.4 | USD |
| Consumer Credit m/m | 11.9B | USD |
| Wednesday, September 9 | ||
| 10-y Bond Auction | USD | |
| API Weekly Statistical Bulletin | USD | |
| ADP Weekly Employment Change | USD | |