Daily Newsletter 8/11/25
Today is relatively quiet for major economic data releases. There are no significant macroeconomic statistics scheduled for release today. Instead, investors and markets are calmly preparing for several important economic events later this week, including Tuesday's U.S. Consumer Price Index (CPI) report, which is expected to be a key market mover.
The recent surge in gold prices appears to have leveled off. This follows a record high spike near $3,470 to $3,540. The market has entered a consolidation phase where prices fluctuate within this range rather than continuing the sharp upward trend. This leveling off is influenced by easing geopolitical risks and some clarification on tariffs, which has reduced the metal's safe-haven appeal slightly.