Gold jumps 13% in August 2026 to $4,563 an ounce, marking a top-three monthly gain in 25 years
World Gold Council data show gold surged 13% in Aug 2026, one of the strongest monthly gains in 25 years, driven by broad ETF inflows across Europe and North America and increased COMEX managed-money positioning, alongside a weaker USD. Focus now shifts to the Fed's September decision and geopolitics, which could keep volatility elevated and reinforce gold's role as a macro hedge.
AI Insight · NCCOGOLD2USD/USDTAI Insight
▲ Bullish
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Gold rallied 13% in August 2026 to end the month at $4,563 per ounce, posting its third-highest monthly return in 25 years, according to World Gold Council data. The move was supported by broad inflows into global gold ETFs, including $7.9 billion into Europe and $7.8 billion into North America. COMEX net managed money positioning rose by $13 billion, while a weaker dollar also underpinned prices.