Gold hovers below $4,400 as weak US data offsets geopolitical tensions and Fed minutes loom
Reported by VT Markets: “Gold hovers below $4,400 as weak US data offsets geopolitical tensions and Fed minutes loom”. Gold settled at $4,459 an ounce on August 17, 2026 — $143.36 per gram, +1.80% on the day. The headline carries a figure: $4,400 — quoted as published, not independently verified.
Geopolitical risk can increase safe-haven demand, but gold's response also depends on the dollar, liquidity and rate expectations. The cross-asset reaction matters as much as the headline.
- safe-haven demand
- US dollar
- oil and inflation
- market volatility
- duration of the event
- dollar reaction
- yield changes
- official confirmation of $4,400
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.