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Tuesday, 11 August 2026

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Gold Reaches Two-Month High as Investors Await US Inflation Data

By TLA AI Editor3 min read

Bengaluru, India, 11 August 2026 – Gold rose for a third consecutive session to its highest level in more than two months as investors returned to safe-haven assets and prepared for United States inflation data that could reshape expectations for interest rates and the dollar.

Spot gold gained 1% to US$4,432.74 an ounce by 0217 GMT, its strongest level since 5 June. US gold futures advanced 1.7% to US$4,492.60, reflecting both physical-market demand and the repricing of monetary-policy risk.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.