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Gold Price Prediction Today: Why Gold Prices Are Rising — August 26, 2026 Outlook
Gold has rebounded sharply in August, gaining 14% month-to-date, supported by lower US Treasury yields, a weaker dollar and strong ETF inflows of $6.4 billion last week. The near-term outlook hinges on Fed Chair Kevin Warsh's Jackson Hole speech and core PCE inflation data, with spot gold at $4,650/oz. Silver has also rebounded, with the Silver Institute projecting a sixth consecutive annual market deficit in 2026.
Aug 26, 2026 1 source