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Daily brief · Tuesday, August 11, 2026

Gold closes at $4,383.35 as markets wait on U.S. inflation data

Gold ended higher at $4,383.35 an ounce (+1.36%) as trading stayed focused on an upcoming U.S. inflation report that could sway Federal Reserve expectations. Silver outperformed at $65.19 (+1.96%), with attention also on a market-structure change coming to CME silver futures.

AI summaryWritten automatically with AI from 36 linked reports and our own price data, Oct 21, 2:56 AM ET. Each point links to its sources. Published without an editor’s review; not investment advice. How this page is made

Closing prices for August 11, 2026

Gold $4,383.35 +1.36% 30d +6.9% Silver $65.19 +1.96% 30d +9.8% Platinum $1,758.40 +0.86% 30d +8.6% Palladium $1,372.60 +0.46% 30d +7.7%

Tone of the reports: Mixed

What happened

  1. Gold traded near a two-month high as investors positioned ahead of an upcoming U.S. inflation report, with multiple outlets framing inflation as the main near-term catalyst for rates and metals.

    SourcesBloomberg: Gold Touches $4,400 as Traders Turn Focus to US Inflation DataReuters: Gold edges lower as markets await key US inflation data - Reuters2: Gold gains as markets await key US inflation data3: Gold steadies after scaling two-month high; markets await inflation dataInvesting.com: July Inflation Print Puts Rally on Trial as Stocks Eye Record HighsThe Economic Times: Gold edges higher near two-month peak ahead of US inflation data+1

  2. Kitco reported gold held firm even as equities slipped and oil rose, a backdrop it tied to defensive demand and cross-market moves.

    SourcesKitco News: Gold holds near two-month high as equities slip, oil rallies - Kitco PM Report

  3. Kitco said U.S. existing-home sales fell 1.7% to 4.06 million in July, alongside spot gold trading around $4,385/oz in its coverage.

    SourcesKitco News: Spot gold at $4,385/oz after U.S. existing-home sales fall -1.7% to 4.06 million in July

  4. Reuters reported CME will allow round-the-clock trading of 100-ounce silver futures starting in September, a change aimed at expanding access to liquidity outside U.S. hours.

    SourcesReuters: CME to allow round-the-clock trading of 100-Ounce Silver futures from September

  5. China-related gold demand signals stayed in focus: Yahoo Finance reported China added nearly 20 tonnes of gold to reserves in July, while Kitco cited China Gold Association data showing H1 consumption up slightly as jewelry demand fell and investment demand rose.

    SourcesYahoo Finance: China Adds 20 Tonnes of Gold as Reserve Shift Strengthens ...Kitco News: China’s gold consumption rises 1.23% in H1, jewelry sales slump while investment demand soars - China Gold Association

  6. Kitco said gold and silver eased at points as CPI risk supported Treasury yields and the dollar, highlighting how inflation uncertainty can pressure metals in the short run.

    SourcesKitco News: Gold and silver ease as CPI risk steadies yields and the dollar - Kitco AM Report

Bull vs bear

The arguments the day’s reports made for each direction. We list them side by side; we don’t pick one.

The case for higher prices

The case for lower prices

What to watch

  • UpcomingU.S. inflation report (July)Multiple reports said inflation is the key catalyst for Fed expectations and could drive the next move in gold and silver via yields and the dollar.
  • SeptemberCME 100-oz silver trades 24 hoursReuters said the change expands trading hours, which can affect liquidity and price discovery for silver.

Metal by metal

Gold $4,383.35 +1.36%

Coverage centered on an upcoming U.S. inflation report as the key driver of rate expectations and near-term price swings, with several reports describing gold near a two-month high while markets waited for that data. Separately, reports pointed to ongoing official-sector and China-linked investment demand as supportive background factors.

Gold headlines

Silver $65.19 +1.96%

Reuters reported CME will allow round-the-clock trading of 100-ounce silver futures from September, a market-access change that could matter for trading and hedging outside U.S. hours. Kitco also grouped silver with gold in noting CPI-related moves in yields and the dollar influencing day-to-day direction.

Silver headlines

Platinum $1,758.40 +0.86%

Coverage was thin today; an FXEmpire piece framed $1,900 as an important resistance level to watch for platinum.

Platinum headlines

Palladium $1,372.60 +0.46%

No report focused on palladium.

Palladium headlines

The day’s reports

25 reports, most important first, New York time.

  1. 8:00 PM Investing.com · 8:00 PM▲ Reports a rise July Inflation Print Puts Rally on Trial as Stocks Eye Record Highs Investing.com says gold is higher ahead of the July inflation print, with spot and futures both up.
  2. 8:00 PM Kitco News · 8:00 PM▲ Reports a rise Video News/This Week In Focus - KITCO Kitco says gold jumped about $300 in days after the Fed quietly backstopped Japan.
  3. 12:10 PM Reuters · 12:10 PM CME to allow round-the-clock trading of 100-Ounce Silver futures from September CME will allow round-the-clock trading of 100-ounce silver futures from September.
  4. 12:04 PM The Economic Times · 12:04 PM▲ Reports a rise Gold edges higher near two-month peak ahead of US inflation data Gold edged higher near a two-month peak as traders awaited US inflation data for clues on Federal Reserve policy.
  5. 11:44 AM Kitco News · 11:44 AM China’s gold consumption rises 1.23% in H1, jewelry sales slump while investment demand soars - China Gold Association China Gold Association said China's gold consumption rose in the first half as jewelry sales slumped and investment demand surged.
  6. 8:00 PM Bloomberg · 8:00 PM Watch Titan CFO on Expansion Plans, Gold Demand - Bloomberg.com Bloomberg previews Titan’s CFO discussing expansion plans, gold demand and India’s higher gold import duty.
  7. 8:00 PM Investing.com · 8:00 PM Gold Seems to Be Asking a Different Question, At Least for Now An Investing.com analysis says gold is being driven by different factors, including substantial imports through Hong Kong.
  8. 8:00 PM Investing.com · 8:00 PM Gold: Renewed Tensions May Increase Energy-Driven Inflation and ... An Investing.com analysis says renewed tensions could boost energy-driven inflation and affect gold and silver.
  9. 8:00 PM Invezz · 8:00 PM▲ Reports a rise Evening digest: Pakistan says US-Iran deal close, OpenAI executive ... A digest says gold is near a two-month high as markets wait for U.S. inflation data.
  10. 8:00 PM Investing.com · 8:00 PM Franco-Nevada earnings on deck as gold volatility tests royalty model Investing.com says Franco-Nevada’s earnings will test its royalty model amid gold-price volatility.
  11. 8:00 PM Investing.com · 8:00 PM▼ Reports a fall Gold eases from two-month high as fresh oil price jump complicates ... Investing.com says gold eased from a two-month high as a fresh oil-price jump and higher Treasury yields weighed on bullion.
  12. 5:12 PM FXStreet · 5:12 PM▼ Reports a fall Singapore: AI-driven growth supports MAS outlook - FXStreet FXStreet says gold retreated from earlier highs and briefly revisited the $4,350 area per ounce.
  13. 5:10 PM Kitco News · 5:10 PM▲ Reports a rise Gold holds near two-month high as equities slip, oil rallies - Kitco PM Report Kitco says gold held near a two-month high as equities slipped and oil prices rallied.
  14. 4:52 PM The Manila Times · 4:52 PM NOVAGOLD & Paulson Announce the Appointment of Endeavour Financial and Macquarie Capital as Financial Advisors to the Donlin Gold Project NOVAGOLD and Paulson named financial advisors for the Donlin Gold project.
  15. 12:13 PM Yahoo Finance · 12:13 PM Lake Victoria Gold Unveils Maiden 580,000-Ounce Resource at Tembo Project in Tanzania Lake Victoria Gold released a maiden resource estimate of nearly 580,000 ounces of gold at its Tembo project in Tanzania.
  16. 11:16 AM investorideas.com · 11:16 AM Multiple Near-Surface Gold Hits at Black Dyke Strengthen West Point Gold's (TSXV: WPG) Gold Chain Project West Point Gold reported multiple near-surface gold drill hits at its Black Dyke prospect in the Gold Chain project.
  17. 11:13 AM Reuters · 11:13 AM▲ Reports a rise Gold gains as markets await key US inflation data Gold gained as markets waited for key US inflation data.
  18. 10:00 AM Kitco News · 10:00 AM▲ Reports a rise Spot gold at $4,385/oz after U.S. existing-home sales fall -1.7% to 4.06 million in July Spot gold rose to $4,385 an ounce after U.S. existing-home sales fell in July.
  19. 8:52 AM Reuters · 8:52 AM Gold steadies after scaling two-month high; markets await inflation data Gold steadied after hitting a two-month high as markets awaited inflation data.
  20. 8:32 AM Kitco News · 8:32 AM▼ Reports a fall Gold and silver ease as CPI risk steadies yields and the dollar - Kitco AM Report Gold and silver eased as CPI concerns supported yields and the dollar.
  21. 6:33 AM MINING.COM · 6:33 AM Barrick names Bock to lead overseas arm ahead of split - Mining.com Barrick named Bock to lead its overseas arm ahead of a planned split.
  22. 8:00 PM Invezz · 8:00 PM▲ Reports a rise Gold hits two-month high: is the road to $5,000 opening again? Invezz asks whether gold’s two-month high could lead to another run toward $5,000.
  23. 8:00 PM Yahoo Finance · 8:00 PM NV Gold Announces Non-Brokered Private Placement NV Gold announced a non-brokered private placement.
  24. 5:33 PM The Manila Times · 5:33 PM Aben Gold Commences Drill Program at Justin Gold Tungsten Project Aben Gold began a 2026 drill program at its Justin Gold-Tungsten project in Yukon.
  25. 3:57 PM kingworldnews.com · 3:57 PM▲ Reports a rise Michael Oliver Says Gold, Silver, Miners Trend Now Positive, Gold Headed To $8,000+ Michael Oliver says gold, silver and miners are turning positive and he sees gold headed to $8,000 or more.

How this page is made

Collected every hour. Summed up twice a day. Linked to the source.

Where the news comes from

  • Reuters and Dow Jones headlines for gold, silver, platinum and palladium, through TradingView
  • Kitco News and MetalsDaily
  • The World Gold Council
  • Google News, for wider coverage
  • A daily AI web search for anything the feeds missed

How the briefs are written

Every hour we collect new headlines. An AI model from OpenAI tags each one by metal, topic and importance and writes a one-line summary from its headline and teaser. It doesn’t read paywalled articles. On weekdays at about 8 AM and after the 5 PM New York close, it writes a brief from the most important reports and our own spot price feed. Every point cites the reports it came from. On Fridays it writes a recap of the week.

Who publishes it

Bullion Trading LLC is a physical precious metals dealer in New York’s Diamond District, in business since 2008. Prices on this page come from our own live feed and LBMA history. We buy and sell bullion, so read the briefs as market context, not investment advice. Briefs are published automatically, without an editor’s review. If you spot an error, tell us.

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