Gold climbs to $4,364 as markets eye Fed rate path

PSX Update • Aug 11, 2026

Gold prices extended gains on Tuesday, touching a more than two-month high, as investors turned their attention to upcoming U.S. inflation data for direction on the Federal Reserve's interest-rate path.

August 11, 2026 (MLN): Gold prices extended gains on Tuesday, touching a more than two-month high, as investors turned their attention to upcoming U.S. inflation data for direction on the Federal Reserve's interest-rate path. Currently, spot gold is up 0.53% to $4,364.17 an ounce as of [12:28 pm] PST, according to data reported by Mettis Global. The U.S. consumer price report, due Wednesday, followed by producer pri...