Gold declined despite a softer dollar as investors await US inflation data for clues on Fed policy. Naeem Aslam of Zaye Capital Markets said gold holding above the $4,400 area suggests defensive demand remains sufficient to offset pressure from a strong US labor market. Markets are balancing US data that support further hikes against geopolitical uncertainty that sustains safe-haven flows; attention now turns to US PPI and CPI later this week.

2026-09-08

Gold declined despite a softer dollar as investors await US inflation data for clues on Fed policy. Naeem Aslam of Zaye Capital Markets said gold holding above the $4,400 area suggests defensive demand remains sufficient to offset pressure from a strong US labor market. Markets are balancing US data that support further hikes against geopolitical uncertainty that sustains safe-haven flows; attention now turns to US PPI and CPI later this week.