Updated Aug. 17, 2026 11:24 am ET
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1117 ET – A weaker U.S. dollar is giving gold futures support. The dollar movement appears to be a reflection of recent softer-than-expected macroeconomic reports. “We have had a couple of soft inflation reports along with weaker employment and retail sales data and this has led to more dovish expectations of the Fed with important ******* et price impacts,” says Stephen Coltman of 21shares in a note. As part of the movement gold is now “showing signs of life,” says Coltman. Most-active gold futures are up 0.9% to $4,474.50 a troy ounce. (kirk.maltaiswsj.com)
0821 GMT – Gold rises as investors pare back bets of an imminent interest-rate hike. In morning European trade, New York gold futures are 0.5% higher at $4,458.20 a troy ounce. The precious metal continues a two-week advance after weaker U.S. retails sales and softer consumer sentiment weighed on the dollar and reduced expectations of a rate hike, MUFG’s Soojin Kim writes. Higher interest rates make non-yielding ******* ets like gold less attractive. “Wednesday’s Fed minutes, U.S. economic data and developments around Hormuz will be key drivers of gold, particularly through their impact on rate expectations,” she adds.(adam.whittakerwsj.com)
#Gold
Listen
(2 min)
1117 ET – A weaker U.S. dollar is giving gold futures support. The dollar movement appears to be a reflection of recent softer-than-expected macroeconomic reports. “We have had a couple of soft inflation reports along with weaker employment and retail sales data and this has led to more dovish expectations of the Fed with important ******* et price impacts,” says Stephen Coltman of 21shares in a note. As part of the movement gold is now “showing signs of life,” says Coltman. Most-active gold futures are up 0.9% to $4,474.50 a troy ounce. (kirk.maltaiswsj.com)
0821 GMT – Gold rises as investors pare back bets of an imminent interest-rate hike. In morning European trade, New York gold futures are 0.5% higher at $4,458.20 a troy ounce. The precious metal continues a two-week advance after weaker U.S. retails sales and softer consumer sentiment weighed on the dollar and reduced expectations of a rate hike, MUFG’s Soojin Kim writes. Higher interest rates make non-yielding ******* ets like gold less attractive. “Wednesday’s Fed minutes, U.S. economic data and developments around Hormuz will be key drivers of gold, particularly through their impact on rate expectations,” she adds.(adam.whittakerwsj.com)
#Gold
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