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Saturday, 24 October 2026
Markets

Gold Breaks Above Key Trend Level as Inflation and Policy Events Approach

By TLA AI Editor3 min read

New York, United States, 25 August 2026 – Gold rose to its highest level in more than three months as technical buying, a weaker United States dollar and renewed Treasury buybacks strengthened demand ahead of inflation data and a major central-bank gathering. The move placed monetary policy, currency direction and bond-market stability at the centre of the precious metal’s next test.

Spot gold gained 0.8% to US$4,639.49 an ounce by 2.25pm Eastern time on 24 August after reaching US$4,680.70, its highest level since 14 May. December US gold futures settled 0.4% higher at US$4,697.80. Separate intraday snapshots showed larger gains earlier in the session, underscoring the importance of comparing prices at the same timestamp.

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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.