Macro Finance
Gold Climbs Above $4,400 as Traders Turn Focus to US Inflation
Bloomberg Markets·August 10, 2026·1 min read
Gold climbed to a two-month high above $4,400 an ounce, driven by traders focusing on an upcoming US inflation report. The data could offer fresh clues about the Federal Reserve's appetite for an interest-rate hike, influencing gold's safe-haven appeal ahead of the key economic release.
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