Gold bias flipped 18 times to bearish on September 10, 2026
Gold is facing downward pressure from rising US Treasury yields and increased Fed rate hike bets, driven by hot PPI data and $100 oil. The metal is also declining alongside copper and silver, with mining stocks' rally halting abruptly. Despite this, UBS points to central bank buying as a supportive factor for gold's long-term outlook, while noting gold's paradoxical slide amid the widening Iran conflict.
Updated
The reading that day
BearishAt the close of the UTC day.
BearishNeutralBullish
It changed 18 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
- 01:00Neutral
- 09:37Weak bullish
- 09:58Weak bearish
- 12:03Bearish
- 13:23Weak bullish
- 14:43Bearish
- 15:10Neutral
- 16:24Weak bullish
- 16:39Neutral
- 16:54Bearish
- 17:34Weak bullish
- 18:14Bearish
- 19:25Neutral
- 19:40Bearish
- 19:55Neutral
- 20:13Bearish
- 21:03Neutral
- 21:33Bearish
Headlines (14)
First seen on September 10
- Gold and Crypto Fall as Hot US Inflation Rattles MarketsBeInCrypto
- Gold bulls blink as hot US PPI, $100 Oil send yields flyingFXStreet
- Mining stocks rally comes to abrupt halt as copper, silver prices plummet and gold slidesMining.com
- Watch out below! Copper, Gold and the AUDUSD are all tumbling to the downside today.InvestingLive
Carried over from earlier days
- Gold rises as yen surge weakens dollar; oil and Fed bets cap gainsInvesting.com
- China Bought 20 Tons of Gold in August, Its Biggest Haul in Nearly Three YearsBeInCrypto
- Gold's Iran-war paradox: why bullion keeps stumbling as the conflict widensInvestingLive
- Central bank buying keeps UBS bullish on gold's long gameInvestingLive
- Gold appears as a ‘sell-on-bounce’ trade amid widening Middle East conflictFXStreet
- Gold buyers struggle near $4,400 amid Fed rate hike bets, rising Oil pricesFXStreet
- China Buys Gold for the 22nd Consecutive Month and Holds the Metal Above $4,400Investing.com
- Why is Gold Spot Silver Spot stock sliding today?Investing.com
- Gold bulls defy US yield spike as Treasury buyback nearsFXStreet
- Gold rebounds above $4,400 on weaker Dollar, US PPI inflation data loomsFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, September 10 | ||
| President Trump Speaks | USD | |
| PPI m/m | 0.4% | USD |
| Core PPI m/m | 0.3% | USD |
| Unemployment Claims | 205K | USD |
| Final Wholesale Inventories m/m | 1.2% | USD |
| Existing Home Sales | 3.98M | USD |
| Natural Gas Storage | 35B | USD |
| Crude Oil Inventories | -1.4M | USD |