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Gold prices hold steady amid steady US inflation, but rate hikes may pressure market next week.

Market News
11 Sep 2026
Kitco
View Source
Neutral
Gold prices hold steady amid steady US inflation, but rate hikes may pressure market next week.

Gold prices showed modest gains as US inflation data for August came in line with expectations, with the Consumer Price Index rising 0.4%. Core inflation was slightly higher than forecasted, suggesting persistent inflation pressures. This data increases the likelihood that the Federal Reserve may raise interest rates next week, which could create headwinds for gold. Investors remain cautious as the market awaits the Fed's decision and its impact on gold prices.

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