Back to news

Wall Street Split on Gold's Near-Term Outlook as Retail Bulls Weaken Ahead of Jobs Data

8/1/2026 · Kitco News

Gold showed choppy moves last week, holding above the 4000 level on dip buying and softer inflation figures. Yet the Fed's steady rates amid hawkish votes, rising Treasury yields and oil worries capped advances. Prices ranged from a low of 3995.90 to a high of 4119.82, closing near 4048.40.

Source: Kitco News