Gold Dajaluh presents the daily gold bulletin for Monday August 31, 2026. Gold begins the week near $4,459 per ounce after Friday’s dramatic fall — the Fed chair’s Jackson Hole speech ran strict, and prices dropped $70 within minutes. Here are the news, the numbers, and the week ahead, clear and complete.
Today’s prices:
24K: ~$143.35/gram | 22K: ~$131.40/gram | 21K: ~$125.45/gram | 18K: ~$107.50/gram
Change: down about $140–$165 from Friday’s pre-speech levels; first weekly loss after three winning weeks. August still closed up about 13%.
The main news: Chair Warsh gave no promises about next month — that is his style — but his message was strict: the 2% inflation target is “firm and fixed” (inflation now runs 3.7%), and this summer’s cooler readings “do not tell me that underlying trends have meaningfully improved.” Markets heard the warning: the chance of a September rate rise jumped from about one-in-three to near 50%, and gold — which suffers when rates threaten — fell from $4,626 to settle near $4,459. Silver fell 4% to about $66.40.
What did not change: America’s Treasury continues its huge bond purchases. July’s job losses still stand — and this Friday brings the August jobs report, the week’s most important number. The strait remains closed, and the world’s central banks keep buying gold. The forces that lifted gold 13% in August did not attend the speech.
The numbers that matter:
Gold versus January’s record ($5,597): about 20% below — the discount on a 50-gram necklace has widened back to roughly $1,830, from $1,580 a week ago.
Gold versus one year ago: up about 30%.
September rate-rise odds: near 50/50. December: above 70%.
The week ahead: Business surveys (PMIs), job-openings data, private hiring — then Friday’s jobs report, which will likely decide whether gold’s fall stops here or goes deeper toward $4,400.
For buyers today: The dip many waited for during August’s rally has arrived — prices are roughly $240 below last week’s highs. Those with near occasions have a genuine window; those who wait for Friday accept the risk of both directions.
Please note: The market is volatile after the speech. Kindly confirm the live price in store before purchase.
Today’s prices: 24K — $143.35/gram | 22K — $131.40/gram | 21K — $125.45/gram
All prices USD. Monday August 31 indicative. Please confirm final pricing in store.
