Gold Eases in Broad Metals Retreat

2026-08-18 03:21 By Jam Kaimo Samonte 1 min. read

Gold eased below $4,400 an ounce on Tuesday, reversing earlier gains amid a broad pullback across the metals market as global bond yields surged to multi-year highs on mounting concerns over massive government spending and persistent inflationary pressures.

Metals also faced pressure from rising oil prices, which kept inflationary risks and interest rate concerns in focus.

The moves came as prospects for a new agreement between the US and Iran dimmed after President Donald Trump said he was not interested in extending the interim peace deal.

Meanwhile, gold continued to find support from fading expectations for a Federal Reserve rate hike following a string of weak US economic data.

Markets now expect the Fed to keep policy unchanged in September and are no longer fully pricing in a rate increase by year-end, unlike just a week ago.

Bullion also remained supported by stronger investment demand and continued central bank purchases, particularly from China.



News Stream
Gold Eases in Broad Metals Retreat
Gold eased below $4,400 an ounce on Tuesday, reversing earlier gains amid a broad pullback across the metals market as global bond yields surged to multi-year highs on mounting concerns over massive government spending and persistent inflationary pressures. Metals also faced pressure from rising oil prices, which kept inflationary risks and interest rate concerns in focus. The moves came as prospects for a new agreement between the US and Iran dimmed after President Donald Trump said he was not interested in extending the interim peace deal. Meanwhile, gold continued to find support from fading expectations for a Federal Reserve rate hike following a string of weak US economic data. Markets now expect the Fed to keep policy unchanged in September and are no longer fully pricing in a rate increase by year-end, unlike just a week ago. Bullion also remained supported by stronger investment demand and continued central bank purchases, particularly from China.
2026-08-18
Gold Holds Firm as Fed Rate Hike Bets Ease
Gold held above $4,400 an ounce on Tuesday after advancing for two straight sessions, supported by fading expectations for a Federal Reserve rate hike following a string of weak US economic data. Markets now expect the Fed to keep policy unchanged in September and are no longer fully pricing in a rate increase by year-end, unlike just a week ago. Investors are now awaiting the minutes of the Fed’s July meeting and comments from Chairman Kevin Warsh at the annual Jackson Hole symposium for further clues on the policy outlook. Meanwhile, traders remained wary of inflation risks as prospects for a new agreement between the US and Iran dimmed after President Donald Trump said he was not interested in extending the interim peace deal. Elsewhere, gold continued to benefit from stronger investment demand and ongoing central bank purchases, particularly from China.
2026-08-17
Gold Edges Higher on Soft US Economic Data
Gold rose toward $4,400 an ounce on Monday, extending gains from the previous session as subdued US economic data reduced expectations for an imminent Federal Reserve interest rate hike. Data released last week pointed to tame US inflation, while consumer sentiment and retail sales weakened. Markets now see roughly a one-in-three chance of a Fed rate hike in September, down from nearly 50% before the data. Investors are now awaiting the FOMC’s latest meeting minutes and Fed Chair Kevin Warsh’s speech at the Jackson Hole symposium for further guidance. Meanwhile, tensions in the Middle East remain elevated after Israel launched fresh strikes on Lebanon over the weekend, while President Donald Trump is preparing new economic sanctions aimed at forcing Iran to surrender. Still, Middle Eastern producers are covertly moving millions of barrels of crude through the Strait of Hormuz, keeping oil prices in check and easing concerns about inflationary risks.
2026-08-17