Gold was subdued on Tuesday after two consecutive sessions of gains on receding Fed hike bets and reports suggesting that China’s central bank stepped up gold purchases in July.
Spot gold dipped 0.3 percent to $4,375.22 an ounce while U.S. gold futures were up 0.3 percent at $4,432.15.
Investors kept a close eye on the Middle East crisis and braced for the release of key U.S. economic data this week that could influence the Federal Reserve’s rate trajectory.
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Market Analysis
Gold Slips After Two-day Rally
2026-08-11 09:45:55
