Gold holds ground as markets brace for US CPI data

Gold holds firm on Friday as a pullback in US Treasury yields and Oil prices offers some support, although buying interest remains limited ahead of the US Consumer Price Index (CPI) report due at 12:30 GMT.

Patriots day - 2026

USD: Sep '26 is Up at 98.880.

25 years later — The battle continues

Before we talk about markets this morning, I want to (need to) acknowledge what today is.

Bitcoin Weekly Forecast: BTC retreats as macro headwinds grow

Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday.

Oil price takes a breather, as we wait for CPI

It’s the end of an eventful week, and we’re not over yet. So far, markets are stabilizing, and reversing some of Thursday’s extreme moves in the oil price and in bonds. Stocks are also recovering as we approach the end of the week. 

Gold Price Analysis: Pullback Accelerates Amid Fed Repricing, Retail Liquidation

Gold price analysis suggests the probability of further downside as the stronger dollar weighs on the precious metal. The new Fed Chair nomination has triggered a wave of deeper retracement in gold after a strong rally. Gold’s structural support remains intact as central banks still buy, while US-Iran tension also maintains a safe-haven demand. Gold...

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AUD/USD Forecast: RBA Decision vs Hawkish Fed Risks Cap Near-Term Upside

The AUD/USD forecast edges to the downside despite a hotter inflation print as the yields fell sharply, suggesting only a single RBA hike in the near term. Trump’s nomination of Kevin Warsh as the next Fed Chair lifts the US dollar, as markets view the decision as less dovish. COT positioning suggests reduced AUD longs,...

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EUR/USD Weekly Forecast: Bulls Fading from Multi-Year Top Ahead of ECB, NFP

The EUR/USD weekly forecast points to a corrective downside despite the pair ending the week with net gains, as the US dollar recovered slightly. Upbeat US PPI and the Fed’s hold in its recent meeting lent room to the falling dollar. The markets will closely watch the ECB rate decision and US employment data for...

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GBP/USD Weekly Forecast: Firm USD Risks Break of 1.37, Eyes on BoE, NFP

The GBP/USD weekly forecast remains slightly subdued as the markets pared partial weekly gains amid dollar recovery and profit-taking. Fed’s data dependency and resilient UK economy continue to balance the GBP/USD. Market participants eye the US NFP and the BoE interest rate decision to gauge further directional bias. The GBP/USD price closed its second consecutive...

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Gold Outlook: Strong Selling Amid Firm Dollar Ahead of US PPI

The gold outlook remains slightly deteriorated after a 4% plunge in a single session amid profit-taking. The structural demand for gold stays intact, with institutional targets set at $6,200 by mid-2026. Gold’s path could be bumpy depending on US macroeconomic data releases. Gold has been experiencing increased volatility after breaking the $5,500 barrier. The metal...

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