Gold Futures Slip With Market of Two Minds -- Market Talk

1038 ET - Gold futures are lower with the market watching a rise in oil prices and for U.S. inflation data later this week. "The main challenge facing gold at present is the interaction between two opposing forces," Rania Gule of XS.com says in a note. "The first is geopolitical risk, which supports demand for gold as one of the world's most important safe-haven assets. The second is the growing possibility that U.S. monetary policy will remain restrictive, increasing the opportunity cost of holding a non-yielding asset such as gold." Gold for December delivery is off 0.8% in New York at $4,440.60 a troy ounce. Silver is down 0.2% at $66.59 a troy ounce. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

September 08, 2026 10:40 ET (14:40 GMT)