{
  "id": 6753635,
  "title": "Gold holds ground as markets brace for US CPI data",
  "url": "https://urgent.news/2026/09/11/gold-holds-ground-as-markets-brace-for-us-cpi-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T10:59:22.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/gold-holds-ground-as-markets-brace-for-us-cpi-data-202609111059"
  },
  "original_language": "en",
  "account": "Gold maintains its position as traders prepare for the US Consumer Price Index (CPI) data release. A dip in the US Dollar, Treasury yields and oil prices helped the precious metal rebound, but upside is limited after strong CPI data boosted expectations of an imminent Fed rate hike. XAU/USD is trading around $4,370, up 1.20% on the day after touching $4,400. The metal fell nearly 2% on Thursday as oil prices surged and Treasury yields climbed to their highest point since October 2023. The 10-year US Treasury yield is now around 4.91%, while WTI oil is close to $96.50. Despite the pullback, WTI is on track for a second week of gains. The US CPI report was close to expectations, with headline inflation up 0.4% month-over-month in August and the annual rate steady at 3.4%. Core CPI, excluding volatile food and energy prices, rose 0.3% month-over-month, in line with forecasts. The US Dollar index is around 99, up from 99.36 earlier. Markets now expect an 85% chance of a 25-basis-point interest rate increase at the September 15-16 Fed meeting. TD Securities says gold has held above a higher range, despite renewed energy gains and increased probability of Fed rate hikes. The bank believes strong data and a hawkish Fed could only delay, not cause major downside. In the long run, TD Securities highlights the dollar-debasement theme, central bank buying, and ETF accumulation as key support for gold. The metal is slightly bullish, trading above both the 50-day and 100-day SMAs, but faces resistance at the 200-day SMA at $4,538. A break below this level could expose the 50-day SMA at $4,269, followed by $4,150 and $4,000. On the upside, a sustained break above the 200-day SMA could weaken the bearish trend and set the stage for a retest of the August 25 high near $4,697.",
  "summary": "Gold (XAU/USD) holds firm on Friday as a pullback in US Treasury yields and Oil prices offers some support, although buying interest remains limited ahead of the US Consumer Price Index (CPI) report due at 12:30 GMT.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}