#manufacturing

XAU/USD · Macro analysis

Surveys say boom, factories say stall: gold reclaims $4,400 after the Fed’s first hike since 2023

US manufacturing output fell 0.3% in August against a 0.3% expected gain, while the surveys still point to expansion. The Fed hiked into that gap on Wednesday, and gold is back at $4,400.

FullPort FamilySeptember 18, 2026Open analysis →