Gold steadied, as traders weighed prospects for a deal to reopen the Strait of Hormuz while awaiting US inflation data that could provide fresh clues to the Federal Reserve’s interest-rate path.
Macro Bloomberg Aug 11, 2026
Gold Steadies as Traders Watch US Inflation for Rate-Hike Clues
Gold steadied, as traders weighed prospects for a deal to reopen the Strait of Hormuz while awaiting US inflation data that could provide fresh clues to the Federal Reserve’s interest-rate path.
