Gold Dajaluh presents the daily gold bulletin for Wednesday September 2, 2026. Gold has fallen to around $4,325 per ounce — its lowest in two weeks, about 9% below last week’s high — in a week of grave news for the region. Here are the news, the numbers, and the day ahead, clear and complete.
Today’s prices:
24K: ~$139.05/gram | 22K: ~$127.45/gram | 21K: ~$121.65/gram | 18K: ~$104.30/gram
Change: down about $134 from Monday; the discount versus January’s record has widened to roughly $2,045 on a 50-gram necklace — the largest since early August.
The main news: The war has re-escalated. American forces carried out a second round of airstrikes in three days — including an attack on an Iranian island in the Strait of Hormuz — and Iran retaliated with strikes on American military bases in the region. Oil is rising again. Our thoughts are with all affected; may calm return swiftly.
Why gold fell despite war news: This is the question of the week. The answer: with America’s central bank chief talking strictly, war works against gold. Rising oil feeds inflation; inflation feeds expectations of interest rate rises — the chance of a September rise has jumped to 60–70%, and a Fed governor warned more may follow. Bond yields climbed to about 4.79% and the dollar strengthened. Higher rates compete with gold, so gold fell — exactly as it did in the war’s early months. Silver fell harder, to about $64.
The numbers that matter:
Gold versus January’s record ($5,597): about 23% below.
Gold versus one year ago: up about 23%.
This month’s expected range (analysts): $4,136–$5,304 — wide, reflecting the uncertainty.
Key supports: $4,300, then $4,255. Key resistance: $4,400.
The day and week ahead: Friday’s American jobs report is the week’s decisive number. Weak jobs would clash with the high rate-rise odds and could lift gold sharply; strong jobs could extend the fall. Until then, expect swings on every war headline.
For buyers today: Prices are back to early-August levels — a genuine window for weddings and occasions. For investors, patience until Friday is the careful path.
Please note: The market is highly volatile. Kindly confirm the live price in store before purchase.
Today’s prices: 24K — $139.05/gram | 22K — $127.45/gram | 21K — $121.65/gram
All prices USD. Wednesday September 2 indicative. Please confirm final pricing in store.
