United States MBA Mortgage Applications up to 3.6% in August 7 from previous -2.9%

Aug 12, 2026

Gold rises above $4,400 as US inflation data takes centre stage

Gold (XAU/USD) rebounds on Wednesday after closing in negative territory on Tuesday for only the second time in six trading days. Traders now await the US Consumer Price Index (CPI) data, due at 12:30 GMT, to see whether the bullish momentum will continue or a reversal will take shape.

Iran confirms no discussions over US-Iran ceasefire extension for now - Reuters

According to a senior Iranian source, there are no discussions over extending the ceasefire between Iran and the US, Reuters reported.