↗ Bullish case · Summary unavailable
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The bullish narratives below show what this side of the coverage argues.
Archived · 18 August 2026
Metals · GOLD
Gold
See how coverage of Gold is changing—and the bullish and bearish arguments behind it.
Sentiment over time
History shown
81% bullish — 81% of the articles that took a side on Gold argued Gold higher, articles published 11–17 August.
Gold · 81% bullish. 81% of the articles that took a side on Gold argued Gold higher, articles published 11–17 August.
| Date | Bullish share (%) |
|---|---|
| 2026-08-12 | 95 |
| 2026-08-13 | 95 |
| 2026-08-14 | 90 |
| 2026-08-15 | 80 |
| 2026-08-16 | 78 |
| 2026-08-17 | 78 |
| 2026-08-18 | 81 |
| Date | Bullish share (%) |
|---|---|
| 2026-07-20 | 32 |
| 2026-07-21 | 37 |
| 2026-07-22 | 45 |
| 2026-07-23 | 60 |
| 2026-07-24 | 61 |
| 2026-07-25 | 58 |
| 2026-07-26 | 60 |
| 2026-07-27 | 63 |
| 2026-07-28 | 71 |
| 2026-07-29 | 61 |
| 2026-07-30 | 52 |
| 2026-07-31 | 58 |
| 2026-08-01 | 62 |
| 2026-08-02 | 61 |
| 2026-08-03 | 58 |
| 2026-08-04 | 53 |
| 2026-08-05 | 66 |
| 2026-08-06 | 76 |
| 2026-08-07 | 80 |
| 2026-08-08 | 86 |
| 2026-08-09 | 89 |
| 2026-08-10 | 93 |
| 2026-08-11 | 94 |
| 2026-08-12 | 95 |
| 2026-08-13 | 95 |
| 2026-08-14 | 90 |
| 2026-08-15 | 80 |
| 2026-08-16 | 78 |
| 2026-08-17 | 78 |
| 2026-08-18 | 81 |
Each point measures the previous seven days of directional articles. It describes coverage, not the probability of a rise in Gold’s price.Articles published from 11 to 17 August, scored the following mornings.
What mattered · 18 August 2026
Gold's mood just flipped back to upbeat after a sluggish few days, driven by fresh optimism about the Federal Reserve's direction on interest rates.
What changed
Weak Dollar Supports Gold Prices now leads the bullish case — was 13th
New in the bullish case: Gold Safe-Haven Demand Resurgence
Gold Capital Inflow Stagnation now leads the bearish case — new
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The bullish and bearish cases
↘ Bearish case · Summary unavailable
No case summary was saved for this edition
The bearish narratives below show what this side of the coverage argues.
How Gold’s narratives are evolving
Start with the highlights, or explore a stage of the narrative lifecycle.
Featured
6 featured narratives · Selected highlights across the lifecycle
Weak Dollar Supports Gold Prices
Share of coverage
9.3%
Past 3 days
Sentiment
Bullish
In short
A weakening dollar will limit gold declines.
Gold Selloff on Iran Tensions
Share of coverage
1.8%
Past 3 days
Sentiment
Bearish
In short
Geopolitical tensions are contributing to market uncertainty, affecting precious metal prices.
Gold Rally on Fed Optimism
Share of coverage
5.5%
Past 3 days
Sentiment
Bullish
In short
The sentiment for gold remains firm following positive economic indicators from the Federal Reserve.
Gold Rally Amid Dollar Weakness
Share of coverage
3.4%
Past 3 days
Sentiment
Bullish
In short
Worries over rising coronavirus cases are boosting demand for gold as a safe-haven asset.
Emerging
No emerging narratives for Gold in this edition.
Accelerating
12 accelerating narratives · Already visible and gaining attention
Fading
3 fading narratives · Losing attention
Gold Silver Year-End Rally Outlook
Share of coverage
2.1%
Past 3 days
Sentiment
Bullish
In short
Gold and silver prices are expected to continue their rally until the end of the year.
Fed September Rate Hike Pressure
Share of coverage
—
Past 3 days
Sentiment
Bearish
In short
Market expectations of a September Fed rate hike signal tightening monetary policy ahead, which could pressure gold prices despite current safe-haven demand
US-Iran Nuclear Deal Progress
Share of coverage
—
Past 3 days
Sentiment
Bearish
In short
Positive progress in US-Iran nuclear negotiations will reduce safe-haven demand for gold and pressure prices lower
Steady
20 steady narratives · Holding a steady share of attention
Weak Dollar Supports Gold Prices
Share of coverage
9.3%
Past 3 days
Sentiment
Bullish
In short
A weakening dollar will limit gold declines.
Gold Rally on Fed Optimism
Share of coverage
5.5%
Past 3 days
Sentiment
Bullish
In short
The sentiment for gold remains firm following positive economic indicators from the Federal Reserve.
Gold Rally Amid Dollar Weakness
Share of coverage
3.4%
Past 3 days
Sentiment
Bullish
In short
Worries over rising coronavirus cases are boosting demand for gold as a safe-haven asset.
Gold Safe-Haven Catalyst Deficit
Share of coverage
3.2%
Past 3 days
Sentiment
Bullish
In short
Geopolitical tensions and peace negotiations create a risk-on environment that supports precious metals demand
Middle East Tensions Gold Haven
Share of coverage
2.6%
Past 3 days
Sentiment
Bullish
In short
Middle East geopolitical tensions, including drone attacks, are attracting investor interest and supporting gold as a safe-haven asset
Geopolitical Uncertainty Gold Safe Haven
Share of coverage
2.1%
Past 3 days
Sentiment
Bullish
In short
Geopolitical tensions and economic uncertainty from the Delta variant of Covid-19 are supportive factors for a gold price rally.
Central Bank Gold Reserve Accumulation
Share of coverage
1.8%
Past 3 days
Sentiment
Bullish
In short
The Caribbean geopolitical situation will boost global central banks' drive to increase gold's share in their forex reserve holdings.
Gold Selloff on Iran Tensions
Share of coverage
1.8%
Past 3 days
Sentiment
Bearish
In short
Geopolitical tensions are contributing to market uncertainty, affecting precious metal prices.
AI Stock Bubble Gold Hedge
Share of coverage
1.1%
Past 3 days
Sentiment
Bullish
In short
Concerns about an AI-driven stock rally failing to meet growth expectations are leading investors to seek gold as a hedge.
Asian Gold Demand Currency Hedge
Share of coverage
1.1%
Past 3 days
Sentiment
Bullish
In short
Asian buyers are continuing to purchase gold amid concerns about geopolitical conflict and local currency depreciation, suggesting a bullish outlook for gold in those markets.
Hormuz Deal Lowers Rate Bets
Share of coverage
1.1%
Past 3 days
Sentiment
Bullish
In short
Progress toward reopening the Strait of Hormuz eases geopolitical inflation concerns and reduces the probability of sustained higher interest rates, supporting gold
Israel-Iran Oil Risk Gold Bid
Share of coverage
1.1%
Past 3 days
Sentiment
Bullish
In short
The potential for an Israeli assault on Iran's oil infrastructure is supporting precious metals like gold.
Middle East Ceasefire Gold Impact
Share of coverage
1.1%
Past 3 days
Sentiment
Bullish
In short
The outcome of ceasefire negotiations in the Middle East will influence gold prices.
US-Iran Diplomatic Collapse Fears
Share of coverage
1.1%
Past 3 days
Sentiment
Bullish
In short
Collapse of diplomatic agreements between the US and Iran is intensifying market anxieties and driving safe-haven demand
Gold Safe-Haven Narrative Breakdown
Share of coverage
—
Past 3 days
Sentiment
Bearish
In short
The international market's slight decrease in gold prices may indicate potential volatility ahead.
Gold Technical Breakout Resistance Test
Share of coverage
—
Past 3 days
Sentiment
Bullish
In short
Gold is technically positioned for a potential breakout if it surpasses strong resistance levels.
Hormuz Tensions Easing Oil Prices
Share of coverage
—
Past 3 days
Sentiment
Bearish
In short
Geopolitical tensions over the Strait of Hormuz shipping control could ease crude oil prices
Rising Bond Yields Pressure Gold
Share of coverage
—
Past 3 days
Sentiment
Bearish
In short
The rise of 10-year bond yields is pushing gold prices lower.
Strong Dollar Pressures Gold Prices
Share of coverage
—
Past 3 days
Sentiment
Bearish
In short
A higher US dollar index is a negative force against precious metals.
Treasury Yields Pressuring Gold Prices
Share of coverage
—
Past 3 days
Sentiment
Bearish
In short
Rising US Treasury yields, driven by inflation concerns and potential Fed rate hikes, are creating headwinds for gold prices.
6 more narratives are Quiet (0.5% or less of Gold’s coverage over the last seven days) and appear in the full list.
Why Quiet is common: most narratives are not written about in a given week. A narrative needs more than 0.5% of the asset’s coverage over seven days to be anything but Quiet, and at least three articles in a week to be called Emerging, Accelerating or Fading.
More on Gold and the market
Related themes
Explore the broader themes Gold is part of.
Related assets
See the narratives and sentiment around other assets.
Gold history
Weekly and monthly reviews of Gold’s narratives and sentiment are coming; the history page will list them as they are published.