Gold prices have rallied sharply in August 2026 to the $4,350–$4,400 per ounce range after dipping near $4,000 early in the month, driven primarily by tame July CPI and PPI prints that lowered market-implied odds of near-term Federal Reserve rate hikes. Lower real yields and a softer dollar have boosted the metal’s appeal as a non-yielding asset, while persistent central bank buying and geopolitical uncertainty continue to underpin demand. Traders are monitoring upcoming FOMC communications, August inflation releases, and labor data for shifts in the policy path that could influence year-end pricing toward analyst targets clustered around $4,500–$4,900 per ounce.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedWhat will Gold (GC) hit__ by end of December?
$1,335,904 Vol.
↑ $15,000
2%
↑ $12,000
2%
↑ $10,000
3%
↑ $8,000
4%
↑ $7,000
6%
↑ $6,000
11%
↑ $5,000
50%
↑ $4,500
99%
↓ $3,500
13%
↓ $3,000
4%
↓ $2,500
4%
$1,335,904 Vol.
↑ $15,000
2%
↑ $12,000
2%
↑ $10,000
3%
↑ $8,000
4%
↑ $7,000
6%
↑ $6,000
11%
↑ $5,000
50%
↑ $4,500
99%
↓ $3,500
13%
↓ $3,000
4%
↓ $2,500
4%
For CME Gold (GC) futures contracts, the Active Month is the nearest of CME's designated delivery-cycle months (February, April, June, August, October, December) that is not the spot month. The Active Month changes automatically on the contract's First Position Date, at which point the next eligible contract month becomes the Active Month.
Only the Active Month's official settlement price published by CME Group will be considered. Intraday trades, highs, lows, bids, offers, midpoint values, or indicative prices do not count.
Note that the settlement price may differ from the last traded price. CME's methodology to determine the settlement price can vary by commodity and contract.
Only days on which CME publishes an official settlement price for the Active Month will be included. Days without settlement prices (weekends, holidays, or market closures) are ignored.
This market will resolve based on the settlement price as it appears on the CME settlement page at the time it is first published for that trading day, regardless of any later corrections or updates.
The resolution source for this market is the CME Group website — specifically, the daily "Settlement" price for the Active Month of Gold (GC) futures.
Market Opened: Jan 29, 2026, 3:47 PM ET
Resolver
0x65070BE91...For CME Gold (GC) futures contracts, the Active Month is the nearest of CME's designated delivery-cycle months (February, April, June, August, October, December) that is not the spot month. The Active Month changes automatically on the contract's First Position Date, at which point the next eligible contract month becomes the Active Month.
Only the Active Month's official settlement price published by CME Group will be considered. Intraday trades, highs, lows, bids, offers, midpoint values, or indicative prices do not count.
Note that the settlement price may differ from the last traded price. CME's methodology to determine the settlement price can vary by commodity and contract.
Only days on which CME publishes an official settlement price for the Active Month will be included. Days without settlement prices (weekends, holidays, or market closures) are ignored.
This market will resolve based on the settlement price as it appears on the CME settlement page at the time it is first published for that trading day, regardless of any later corrections or updates.
The resolution source for this market is the CME Group website — specifically, the daily "Settlement" price for the Active Month of Gold (GC) futures.
Resolver
0x65070BE91...Gold prices have rallied sharply in August 2026 to the $4,350–$4,400 per ounce range after dipping near $4,000 early in the month, driven primarily by tame July CPI and PPI prints that lowered market-implied odds of near-term Federal Reserve rate hikes. Lower real yields and a softer dollar have boosted the metal’s appeal as a non-yielding asset, while persistent central bank buying and geopolitical uncertainty continue to underpin demand. Traders are monitoring upcoming FOMC communications, August inflation releases, and labor data for shifts in the policy path that could influence year-end pricing toward analyst targets clustered around $4,500–$4,900 per ounce.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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