Gold stabilises after sharp drop as traders await US inflation data
Gold stabilised on Friday after a sharp 2% drop, with traders eyeing US inflation data for clues on the Fed's next move. Key technical support at $4319 is being tested.
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Original summaries of the reporting that moves the gold price, with every source linked.
Gold investment rebounds sharply after this year's drawdown
Gold investment demand is rebounding sharply after this year's serious drawdown, with capital inflows into ETFs signalling renewed investor appetite.
Gold rebounds above 1% as US inflation data fuels rate hike bets
Gold prices rose more than 1% on Friday, recovering from recent lows. Strong US inflation data boosted expectations of a Federal Reserve rate hike next week. Indian demand stayed weak while Chinese buying held up.
Why copper and energy now matter as much as gold for portfolios
Gold remains the traditional hedge, but copper and energy markets are gaining structural relevance as demand from electric vehicles, AI, and India's energy needs reshape commodity investment.
BIS gold swaps rise to 141 tonnes in August amid seizure fears
The Bank for International Settlements' gold swaps rose to 141 tonnes in August 2026, up from 131 tonnes in July, as the Dutch central bank repatriated gold from the US and Canada amid seizure fears.
Gold near-term selling may only delay next leg higher, TD says
TD Securities says gold is outperforming other precious metals despite rising energy prices and Fed hike expectations. Near-term CTA selling is possible below key levels, but longer-term support remains robust.
Switzerland tightens gold sanctions on Sudan to choke war funding
Switzerland has banned the purchase, import and transit of Sudanese gold along with chemicals used in extraction, joining EU efforts to cut off financing for Sudan's ongoing civil war.
Gold slips 0.9% after US PPI data and oil above $100 boost yields
Gold declined 0.9% to $4,360 after US producer prices and surging oil prices fuelled expectations of a hawkish Fed, sending yields and the dollar higher.
Nifty falls to 3-month low but PSU banks and oil & gas stocks rally
The Nifty slipped below 23,450 to hit a new three-month low amid selling in real estate, auto and IT. PSU banks and oil & gas stocks offered support as crude rose above $100.