Signal · Geopolitical Risk
Gold rises ahead of US inflation data
What the source reported
Source-reported<p ><img src="https://argaamplus.s3.amazonaws.com/51e73901-de15-41d9-91d0-cf4ff2a86fab.png"></p> <p class="ckeCaption" ><!--StartFragment-->Gold rises ahead of US inflation data, with markets scaling back Fed rate-hike expectations<!--EndFragment--></p> <hr> <p >Gold prices rose during Wednesday’s trading, supported by reduced expectations for monetary policy tightening by the Federal Reserve next month, as investors await the release of US inflation data.</p> <p ></p> <p >Meanwhile, the US dollar index—which measures the performance of the greenback against a basket of six major currencies—was broadly stable at 99.90 points.</p> <p ></p> <p >According to the CME FedWatch Tool, markets are currently pricing in a 50% probability of a rate hike in September, down from 60% before last week’s weaker-than-expected US jobs data.</p> <p ></p> <p >Interest-rate expectations could be influenced by the US Consumer Price Index (CPI) data due later today, with annual inflation expected to slow to 3.4%. The Producer Price Index (PPI) reading is scheduled for release on Thursday.</p> <p ></p> <table align="center" border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="4" > <p ><strong>Changes in prices of selected precious metals </strong></p> </td> </tr> <tr > <td > <p ><strong>Metal</strong></p> </td> <td > <p align="center" ><strong>Price (USD/oz)</strong></p> </td> <td > <p align="center" ><strong>Change (USD)</strong></p> </td> <td > <p align="center" ><strong>Change (%)</strong></p> </td> </tr> <tr > <td > <p ><strong><span >Gold (October futures)</span></strong></p> </td> <td > <p align="center" >4,420.5</p> </td> <td > <p align="center" ><span >+12.3</span></p> </td> <td > <p align="center" ><span >+0.30%</span></p> </td> </tr> <tr > <td > <p ><strong><span >Gold (spot)</span></strong></p> </td> <td > <p align="center" >4,393.04</p> </td> <td > <p align="center" ><span >+22.93</span></p> </td> <td > <p align="center" ><span >+0.50%</span></p> </td> </tr> <tr > <td > <p ><strong><span >Silver (September futures)</span></strong></p> </td> <td > <p align="center" >65.30</p> </td> <td > <p align="center" ><span >+0.36</span></p> </td> <td > <p align="center" ><span >+0.55%</span></p> </td> </tr> <tr > <td > <p ><strong><span >Silver (spot)</span></strong></p> </td> <td > <p align="center" >65.26</p> </td> <td > <p align="center" ><span >+0.58</span></p> </td> <td > <p align="center" ><span >+0.90%</span></p> </td> </tr> <tr > <td > <p ><strong><span >Platinum (spot)</span></strong></p> </td> <td > <p align="center" >1,752.78</p> </td> <td > <p align="center" ><span >+9.78</span></p> </td> <td > <p align="center" ><span >+0.55%</span></p> </td> </tr> <tr > <td > <p ><strong><span >Palladium (spot)</span></strong></p> </td> <td > <p align="center" >1,373.52</p> </td> <td > <p align="center" ><span >+5.27</span></p> </td> <td > <p align="center" ><span >+0.40%</span></p> </td> </tr> </tbody> </table> <p ><em class="ckeCaption">As of 8:38 a.m. Makkah time.</em></p>
- Publication
- Argaam - UAE News · Trade Publication
- Published
- 12th August 2026
- Original report
- argaam.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Geopolitical Risk
- Geography
- UAE
- Organisations
- None identified
- Collected
- 12th August 2026 · 15:38
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Moderate (22.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Low (36.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Extraction Quality (3.0/15 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Likely Event Severity