Gold Clings To US$4,000, RHB Keeps Bearish Bias
Photo: Business Today
Gold prices edged higher on Tuesday as investors weighed uncertainty over potential US-Iran talks and awaited key US labour market data, while RHB Investment Bank Bhd (RHB Research) maintained a bearish technical outlook on the precious metal.
From the original report
Spot gold rose 0.2% to US$4,061.96 an ounce by 0650 GMT, while US gold futures gained 0.7% to US$4,118.30.
Markets are awaiting a series of US employment indicators this week, including job openings data, the ADP employment report on Wednesday and non-farm payrolls figures on Friday. The data could influence expectations for the Federal Reserve’s interest rate path.
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About this story
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- Business Today
- Originally published
- Aug 4, 2026
- Updated here
- Aug 15, 2026
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- Malaysia Times desk (brief) — reporting by the source
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