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Is gold beginning to look beyond inflation?
Gold continues to search for direction following a sharp correction since January, with recent price action increasingly reflecting the market's struggle to determine whether inflation or slowing economic growth, combined with a returning focus on fiscal debt concerns and currency debasement, will become the dominant macro theme during the second half of the year. Following a softer-than-expected US CPI report, bullion rallied almost USD 100 to briefly reclaim the USD 4,100 level as traders sharply reduced expectations for near-term Federal Reserve tightening. However, the move quickly faded as renewed gains in crude ... (full story)
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From thegoldforecast.com | Jul 15, 2026
Today gold futures gained a modest $14.30, or 0.35%, progress for the bulls attempting to keep prices above the near-term bottom near $4,000. Today's increase brings gold futures to $4,066, but beneath the surface, when accounting for dollar weakness, sellers actually outnumbered buyers today. The U.S. dollar index declined by 0.41% today and 0.39% ...
