GOLD
September 8, 2026
Risk Disclaimer: The example below is for illustrative purposes only and is based on price movements derived from Contracts for Difference (CFDs). The calculations reflect hypothetical outcomes using historical or specified price data for the relevant instrument on the stated date and are not indicative of future performance. Any reliance placed on this material is strictly at the user’s own risk.
Weekly Special Report: Gold
EVENTS:
- THURSDAY, SEPTEMBER 10 AT 13:30 GMT+1: U.S. PRODUCERS’ PRICE INDEX (PPI) (AUGUST). U.S. PPI has continued falling since May, dropping to 4.7% in July from 6.5% in May. If producer inflation continued to fall in August, this could indicate lower consumer inflation, reducing expectations for a Federal Reserve interest rate hike. This could be positive for gold prices.
- THURSDAY, SEPTEMBER 10 AT 13:30 GMT+1: U.S. WEEKLY INITIAL JOBLESS CLAIMS. Weekly Initial Jobless Claims came in higher-than-expected last week (206,000 vs. 205,000 expected). If the data continues to come in higher, this could indicate weakness in the U.S. labor market, reducing expectations for a Federal Reserve interest rate hike. This could be positive for gold prices.
- FRIDAY, SEPTEMBER 11 AT 13:30 GMT+1: U.S. INFLATION DATA (CPI) (AUGUST). Investors will closely watch U.S. inflation after the last two readings declined, from 4.2% in May to 3.5% in June and 3.4% in July. Another weak report could reduce expectations of a Federal Reserve interest rate hike at the September meeting, weighing on the U.S. dollar and supporting gold prices.
- WEDNESDAY, SEPTEMBER 16 AT 13:30 GMT+1: U.S. RETAIL SALES (AUGUST). Investors will closely watch Retail Sales after July's reading unexpectedly declined, raising concerns about slowing consumer spending. Another weak report could reduce expectations of Federal Reserve interest rate hikes, weighing on the U.S. dollar and supporting gold prices.
U.S. FEDERAL RESERVE:
- WEDNESDAY, SEPTEMBER 16 AT 19:00 GMT+1: U.S. FEDERAL RESERVE (FED) INTEREST RATE DECISION. The Fed kept interest rates unchanged at 3.75% at its latest meeting and continued to downplay the likelihood of interest rate hikes in 2026. If the Fed maintains this position, it could weigh on the U.S. dollar and support gold prices.
U.S. GOVERNMENT:
- EVENT (WEDNESDAY, SEPTEMBER 9): U.S. TREASURY STIMULUS-LIKE LONG-TERM BOND REPURCHASE PROGRAMME TO BEGIN. The programme will start implementing on September 9, 2026. The US Treasury could use its near $1 trillion General Account (TGA) to help fund its announced plans to increase purchases of government bonds. The move could increase market liquidity, potentially weighing on the U.S. dollar and supporting gold prices.
CENTRAL BANKS:
- CHINA CONTINUES GOLD PURSCHASES: China purchased gold for the 22nd consecutive month in August. The People's Bank of China added 650,000 ounces in August, which was the biggest monthly increase since October 2023.
- CHINA'S GOLD RESERVES CONTINUE TO RISE: China's official gold reserves rose from 76.08 million ounces in July to 76.73 million ounces in August 2026. China is now the fifth largest official gold holder in the world.
- GLOBAL CENTRAL BANK DEMAND REMAINS STRONG: Central banks bought 289 tons of gold in Q2 2026, up 62% from the same period last year, showing continued strong demand for gold.
TECHNICAL ANALYSIS AND PRICE ACTION:
- SUPPORT AREA: $4,300–$4,200. Gold recently tested the key support area between $4,300 and $4,200 and rebounded, reinforcing this range as an important technical support zone. Holding above this area could support a further recovery in prices. However, the price could also decline.
- GOLD PRICE HIT A NEW ALL-TIME HIGH ON JANUARY 28, 2026 ($5,597.41). Gold price currently trades at around $4,397, and if it fully recovers to its previous all-time high, it could see an upside of around $1,200. However, the price could also decline.
- FORECAST: Wells Fargo forecasts $4,900; Bank of America forecasts $4,800; Goldman Sachs forecasts $4,900; Morgan Stanley forecasts $5,200; UBS forecasts $5,500; JPMorgan forecasts $6,000; Deutsche Bank forecasts $4,800; Citigroup forecasts $5,000; Societe General forecasts $6,000.
GRAPH (Daily): October 2025 – September 2026
Please note that past performance does not guarantee future results
Gold, September 8, 2026
Current Price: 4,397
|
GOLD |
Weekly |
|
Market Trend |
|
|
4,700 |
|
|
4,600 |
|
|
4,500 |
|
|
4,300 |
|
|
4,250 |
|
|
4,200 |
Example of calculation based on weekly market trend for 1.00 Lot1
|
GOLD |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
30,300 |
20,300 |
10,300 |
-9,700 |
-14,700 |
-19,700 |
|
Profit or loss in €² |
26,094 |
17,482 |
8,870 |
-8,353 |
-12,659 |
-16,965 |
|
Profit or loss in £² |
22,399 |
15,007 |
7,614 |
-7,171 |
-10,867 |
-14,563 |
|
Profit or loss in C$² |
41,814 |
28,014 |
14,214 |
-13,386 |
-20,286 |
-27,186 |
- The above calculations are made based on 1.00 lot which is equivalent of 100 units
- Calculations for exchange rate used as of 10:00 (GMT+1) 08/09/2026
You can use risk management tools such as Stop-Loss and Take-Profit.
