17:29 - 11.08.2026
August 11, Fineko/abc.az. Gold prices stabilized on Tuesday after touching a more than two-month high earlier in the session, as investors awaited upcoming U.S. inflation data for direction on the Federal Reserve's interest rate trajectory.
Key Market Highlights:
Spot Gold: Reached $4,434.84 per ounce—its highest since June 5—before steadying around $4,386.13.
U.S. Futures: Gold futures gained 0.6% to reach $4,444.70.
Treasury Yields: Benchmark U.S. 10-year Treasury yields climbed to a one-week high, raising the opportunity cost of holding non-yielding bullion.
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