Gold opens at one-month low ahead of US CPI data — SkimNews
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- Gold opened at its lowest level in over a month on Friday, September 11, 2026, ahead of the U.S. CPI release
- Gold prices gained as oil prices softened, while Federal Reserve rate hike bets rose after U.S. inflation data landed
Why it matters: Gold entered September 11, 2026 at a one-month low with softer oil providing a tailwind and Federal Reserve rate hike bets climbing on the inflation data. The competing forces — supportive oil versus a hawkish-leaning Fed — make the CPI release the next directional catalyst for gold.
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