Gold Research

Gold rises to over two-month peak as US inflation data dampens rate hike bets - KITCO

Gold rises to over two-month peak as US inflation data dampens rate hike bets KITCO

Gold rises to over two-month peak as US inflation data dampens rate hike bets KITCO

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

  • Source: KITCO
  • 2026-08-12
  • gold_price_action
  • rates

Topics: gold news, gold price impact, gold_price_action, rates