{
    "success": true,
    "data": {
        "id": 1938738,
        "msgid": "gold-prices-soar-to-3-month-high-approaching-us-4-700-1787619067",
        "date": "2026-08-25 07:05:07",
        "title": "Gold Prices Soar to 3-Month High, Approaching US$4,700",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "Gold prices surged to their highest level in more than three months, driven by technical buying, a weaker US dollar, and positive sentiment following the US Treasury's bond buyback announcement. The precious metal closed at US$4,651.27 per troy ounce on Monday and continued rising in early Tuesday trading. Analysts note that both fundamentals and technicals are supporting the bullish trend, with ETF inflows reaching their largest in 10 months.",
        "content": "<p>Gold prices soared to their highest level in more than three months,\ndriven by technical buying, a weaker US dollar, and positive sentiment\nafter the US Treasury Department announced a bond buyback plan.<\/p>\n<p>According to Refinitiv data, gold closed at US$4,651.27 per troy\nounce on Monday (24\/8\/2026), surging 1.06%. The increase extended gold\u2019s\npositive trend, with the metal strengthening 2.95% over the past two\ndays. Yesterday\u2019s closing price was also the highest since 13 May 2026,\nor more than three months.<\/p>\n<p>Gold prices continued to strengthen today. On Tuesday (25\/8\/2026) at\n06:46 WIB, gold rose 0.51% to US$4,675.1 per troy ounce, now approaching\nthe US$4,700 level.<\/p>\n<p>American Gold Exchange analyst Jim Wyckoff assessed that gold\u2019s\nfundamentals and technicals are both supporting the upward trend.\n\u201cGold\u2019s fundamentals and technicals are both showing bullish signals to\nstart this week\u2019s trading,\u201d Wyckoff told Reuters.<\/p>\n<p>He also noted that bond yields have stabilised, even slightly\ndeclining today, which has helped support gold prices. With the\ncontinued upward price trend, Wyckoff expects gold\u2019s movement over the\ncoming weeks to be sideways to higher, unless a technical reversal\nsignal emerges.<\/p>\n<p>Technically, gold broke through its 200-day moving average last week,\nreinforcing the bullish momentum. Support also came from fund flows into\ngold-backed ETFs. The World Gold Council recorded inflows of 46.7\ntonnes, or approximately US$6.4 billion, last week \u2014 the largest in 10\nmonths.<\/p>\n<p>Meanwhile, the US dollar remains near its lowest level in several\nmonths. The weaker dollar makes gold, which is priced in dollars,\ncheaper for investors outside the US.<\/p>\n<p>The market is now awaiting US inflation data and the Jackson Hole\nsymposium scheduled for this week. Investors are also monitoring\ndevelopments regarding US sanctions on Iran as well as the direction of\nUS and Japanese monetary policy.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/gold-prices-soar-to-3-month-high-approaching-us-4-700-1787619067",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}