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Gold prices rise for 3rd straight week, hit 3-month high. Can bullion reclaim $5,500 peak?

World Gold brief based on reporting byThe Economic Times
Brief

Reported by The Economic Times: “Gold prices rise for 3rd straight week, hit 3-month high. Can bullion reclaim $5,500 peak?”. Gold settled at $4,624 an ounce on August 21, 2026 — $148.67 per gram, +2.39% on the day. The headline carries a figure: $5,500 — quoted as published, not independently verified.

Why it matters

The development may change short-term gold-price expectations. Confirmation requires comparing the headline with COMEX, the dollar, yields and trading volume. The direction is consistent with that session's settlement: +2.39%.

Transmission channels
  • COMEX price
  • US Dollar Index
  • US 10Y yield
  • volume and momentum
What to watch next
  • price confirmation
  • trading volume
  • cross-asset reaction
  • official confirmation of $5,500
Methodology and transparency

This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.

Read the full report at the original publisherThe Economic Times
Data on this topicGold price today by currency
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