All news
Market

Wells Fargo Cuts Gold Target for Third Time in 2026 as Fed Stays Hawkish

World Gold brief based on reporting byfinance.biggo.com
Brief

Reported by finance.biggo.com: “Wells Fargo Cuts Gold Target for Third Time in 2026 as Fed Stays Hawkish”. Gold settled at $4,421 an ounce on August 18, 2026 — $142.13 per gram, -1.19% on the day.

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. Thirty sessions later gold traded at $4,187 an ounce, -5.29% versus the date of the report. That is an observation about the market, not a consequence of one headline.

Transmission channels
  • COMEX price
  • US Dollar Index
  • US 10Y yield
  • volume and momentum
What to watch next
  • price confirmation
  • trading volume
  • cross-asset reaction
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 publisherfinance.biggo.com
Data on this topicGold price today by currency
Related coverageMarketGold prices under pressure ahead of Dhanteras: What should buyers considerMarketGold eases as stronger dollar weighs, Fed meeting in focusMarketGold Futures OverviewMarket‘Gold is no silver bullet’ and isn’t hedging against equity drawdowns, but ‘debasement trade’ should continue – HSBC