Gold bias flipped 25 times to bearish on September 8, 2026
Gold is under pressure as robust US jobs data have reinforced expectations of further Federal Reserve rate hikes, boosting the US Dollar and weighing on the metal's appeal. Rising oil prices add inflationary concerns, while central bank purchases of 23 tonnes in July offer some underlying support, yet the bearish sentiment from Fed policy bets remains dominant.
Updated
The reading that day
BearishAt the close of the UTC day.
BearishNeutralBullish
It changed 25 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 bearish
- 00:02Weak bullish
- 01:54Neutral
- 02:14Weak bullish
- 02:49Neutral
- 03:29Weak bullish
- 04:34Weak bearish
- 06:54Weak bullish
- 07:14Neutral
- 08:29Weak bullish
- 08:49Weak bearish
- 09:35Neutral
- 09:55Weak bearish
- 10:25Neutral
- 11:30Bearish
- 11:45Weak bullish
- 12:20Bullish
- 13:40Bearish
- 16:30Weak bullish
- 17:05Bullish
- 18:02Bearish
- 19:02Weak bullish
- 19:41Neutral
- 19:56Bullish
- 21:36Neutral
- 23:36Bearish
Headlines (10)
First seen on September 8
- Gold rises as yen surge weakens dollar; oil and Fed bets cap gainsInvesting.com
- Gold reverses early gains as US Dollar rebounds, Oil prices riseFXStreet
Carried over from earlier days
- Gold Falls on Rising Fed Rate Hike ExpectationsThe Wall Street Journal
- Gold remains depressed as reviving Fed rate hike bets and Iran risks underpin USDFXStreet
- 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
- Gold declines to near $4,400 as robust US jobs data lifts Fed hike oddsFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, September 8 | ||
| NFIB Small Business Index | 99.4 | USD |
| Consumer Credit m/m | 11.9B | USD |
| Wednesday, September 9 | ||
| ADP Weekly Employment Change | USD | |
| 10-y Bond Auction | USD | |
| API Weekly Statistical Bulletin | USD | |
| Thursday, September 10 | ||
| Unemployment Claims | 205K | USD |
| Core PPI m/m | 0.3% | USD |
| PPI m/m | 0.4% | USD |