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Gold price hits two-month high, retreats after Hormuz escalation spikes oil price

Negative ↓Direction / Strength Strong / Confidence High
Metal Gold Sources 1 Date 2026-08-11
StatisticsFinanceInvestment FlowsSupply & DemandMarkets
Rate Hike / USD Strength (Direction , Strength +Medium) / interest rate hikePrice Spike (Direction , Strength +Medium, Confidence +Medium) / rallyPrice Crash (Direction , Strength +Medium, Confidence +Medium) / silver fellTier-1 Media Adj. (Confidence +High) / BloombergDomain Adj. (Confidence +Medium) / Source domain: mining.com

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Gold price hits two-month high, retreats after Hormuz escalation spikes oil price
Negative ↓Direction / Strength Strong / Confidence High
MINING.com - Gold2026-08-11
Rate Hike / USD Strength (Direction , Strength +Medium) / interest rate hikePrice Spike (Direction , Strength +Medium, Confidence +Medium) / rallyPrice Crash (Direction , Strength +Medium, Confidence +Medium) / silver fellTier-1 Media Adj. (Confidence +High) / BloombergDomain Adj. (Confidence +Medium) / Source domain: mining.com
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