Wondering Why Gold Is Going Down? Here’s the Main Reason 👇 1. Gold fell to a 3-week low as escalating Middle East tensions pushed oil and inflation expectations higher. 2. Higher inflation is increasing Fed rate-hike expectations, supporting the dollar and Treasury yields—negative for gold. 3. Markets now focus on ADP data and Friday’s NFP; strong jobs data could keep pressure on gold, while weak data may support a bounce.
September 2, 2026 1
