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Gold price struggles to capitalize on intraday gains amid receding Fed rate cut bets

Concerns about Trump’s trade tariff and a modest USD weakness underpin the XAU/USD pair.

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Gold price (XAU/USD) builds on the previous day’s bounce from the $2,864 region touched in reaction to hotter US consumer inflation figures and gains some follow-through positive traction for the second straight day on Thursday. A fresh leg down in the US Treasury bond yields exerts downward pressure on the US Dollar (USD), which, in turn, is seen benefiting the USD-denominated commodity. Apart from this, worries about US President Donald Trump’s tariffs and a global trade war underpin the safe-haven bullion.

Meanwhile, the hotter US consumer inflation figures released on Wednesday reaffirmed market expectations that the Federal Reserve (Fed) will stick to its hawkish stance and hold interest rates steady for an extended period. This could act as a tailwind for the US bond yields and the Greenback, which, in turn, acts as a headwind for the non-yielding Gold price amid still-overbought conditions on the daily chart. Traders now look forward to the release of the US Producer Price Index (PPI) for some meaningful impetus.

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International News

Jewelers International Showcase Fall 2026 Returns To Miami Beach This October

JIS Fall 2026 Brings Together 600+ Exhibitors In Miami For Holiday Sourcing,Networking and Trend-Focused Insights.

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The Jewelers International Showcase (JIS) has announced that JIS Fall 2026, one of the largest trade-only jewelry buying events in the Western Hemisphere, will take place from October 16–19, 2026, at the Miami Beach Convention Center.

​Positioned perfectly ahead of the peak holiday retail season, JIS Fall serves as a premier destination for jewelry retailers, wholesalers, and buyers looking to secure high-margin holiday inventory and place advance orders for the upcoming year. The four-day sourcing event brings together more than 600 domestic and international exhibitors displaying an extensive range of fine and fashion jewelry, bridal collections, loose diamonds, colored gemstones, gold, silver, and cutting-edge business services.

​Key Highlights & Networking Events

​In addition to comprehensive product sourcing across expansive show floors, JIS Fall 2026 will feature dedicated networking events and educational opportunities designed to give retailers a competitive edge:

  • JIS Unwrappedl:An evening networking session fostering informal connections among buyers, designer brands, and industry leaders.
  • On Trends Talks:Expert-led educational panels providing actionable insights into consumer purchasing behavior, emerging product trends, and holiday marketing strategies.

​JIS Fall continues its decades-long tradition as an essential sourcing hub, allowing retailers to walk away with immediate delivery items on-site or lock in production schedules ahead of the year-end rush.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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