August 12, 2026CommoditiesMacro·Bullish·commodities
Gold futures touch $4,500 after July CPI matches forecasts
Gold futures briefly crossed $4,500 per ounce on Wednesday after US inflation matched market expectations, extending a sharp recovery from July lows. One trader reported gold moved 1.5% on the CPI print.
Detected & updated continuously · Source: Nebula
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Gold (GLD)gold futures
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@CryptoAdventure
🗞️ Gold Futures Touch $4,500 After July CPI Matches Forecasts Gold futures briefly crossed $4,500 per ounce on Wednesday after U.S. inflation matched market expectations, extending a sharp recovery from July lows. #gold https://t.co/dJbgSW4GWT
@MutantApeJack
US CPI printed 3.4%. Exactly what everyone forecast. $BTC moved 0.6%. $GOLD moved 1.5%. Three days of positioning for a number the market already had. The catalyst was never the print.