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EconomyGold touches $4,400 as traders turn to US inflation data

Gold climbed above $4,400 an ounce to reach a two-month high. The advance came ahead of a key US inflation report. Traders are looking to the data for fresh indications of the Federal Reserve’s willingness to raise interest rates. The report could therefore offer new clues about the direction of US monetary policy.

goldUS inflationFederal Reserve

BBloomberg News★★☆☆☆2026-08-11 06:00Original

Gold touches $4,400 as traders turn to US inflation data
Gold touches $4,400 as traders turn to US inflation dataEconomy