{
  "id": 2931412,
  "title": "Gold hits over 3-month high ahead of US inflation data, Fed chair speech",
  "url": "https://urgent.news/2026/08/24/gold-hits-over-3-month-high-ahead-of-us-inflation-data-fed-chair",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T03:00:45.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/08/1517562/gold-hits-over-3-month-high-ahead-us-inflation-data-fed-chair"
  },
  "original_language": "en",
  "account": "Gold prices soared to their highest level in over three months on Monday, buoyed by a weaker US dollar and increasing focus on upcoming US inflation data and Federal Reserve Chair Kevin Warsh's speech. Spot gold climbed 0.5% to $4,627.42 per ounce, marking its highest level since May 15, after surging more than 5% the previous week. US gold futures also edged higher by 0.1% to $4,683.80. The weakened dollar makes gold more attractive to international buyers, as it is priced in US dollars. Analyst Tim Waterer noted that gold is gaining momentum this week, primarily driven by the softer dollar and heightened interest in higher yields, which may signal economic strain and policy uncertainty. Key economic indicators, such as the July Personal Consumption Expenditures (PCE) price index and Warsh's speech at the Jackson Hole symposium, will be closely watched for insights into the US interest rate outlook. Geopolitical tensions, including the US' threat of extensive financial sanctions against Iran, also impacted oil prices as they slipped over $1 a barrel following an anticipated announcement.",
  "summary": "BENGALURU: Gold prices hit their highest levels in more than three months on Monday as a subdued dollar lent support, while focus shifted to key US inflation data and a speech later this week by Federal Reserve Chair Kevin Warsh.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Gold hits over 3-month high ahead of US inflation data and Fed chair speech",
        "url": "https://urgent.news/2026/08/24/gold-hits-over-3-month-high-ahead-of-us-inflation-data-and-fed-chair",
        "published": "2026-08-24T00:39:39.000Z"
      },
      {
        "outlet": "Ajel English",
        "title": "Gold hits three-month high as investors await US inflation data",
        "url": "https://urgent.news/2026/08/24/gold-hits-three-month-high-as-investors-await-us-inflation-data",
        "published": "2026-08-24T03:33:18.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Gold hits over 3-month high ahead of US inflation data, Fed chair speech",
        "url": "https://urgent.news/2026/08/24/gold-hits-over-3-month-high-ahead-of-us-inflation-data-fed-chair-2934259",
        "published": "2026-08-24T03:39:42.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "India Gold price today: Gold rises, according to FXStreet data",
        "url": "https://urgent.news/2026/08/24/india-gold-price-today-gold-rises-according-to-fxstreet-data",
        "published": "2026-08-24T04:36:17.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Gold hits over 3-month high ahead of US inflation data, Fed chair speech",
        "url": "https://urgent.news/2026/08/24/gold-hits-over-3-month-high-ahead-of-us-inflation-data-fed-chair-2953420",
        "published": "2026-08-24T05:43:12.000Z"
      },
      {
        "outlet": "Business Standard IN",
        "title": "Gold hits over 3-month high ahead of US inflation data, Fed chair speech",
        "url": "https://urgent.news/2026/08/24/gold-hits-over-3-month-high-ahead-of-us-inflation-data-fed-chair-2971493",
        "published": "2026-08-24T07:15:37.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Gold hits over 3-month high ahead of US inflation data, Fed chair speech",
        "url": "https://urgent.news/2026/08/24/gold-hits-over-3-month-high-ahead-of-us-inflation-data-fed-chair-2980894",
        "published": "2026-08-24T08:09:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}