Investors are chasing the latest rally in gold as the yellow metal hits strongest level in 2 months

MarketWatch Wednesday 12 August 2026, 20:58 UTC By Isabel Wang 1 min read

Key Points

Gold settled at a two-month high on Wednesday, and investors who spent the summer waiting for an opening are now chasing a rally that many hope still has room to run.

Gold settled at a two-month high on Wednesday, and investors who spent the summer waiting for an opening are now chasing a rally that many hope still has room to run. [Image text:] FINE GOLD 1000g NETWT

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Investors are chasing the latest rally in gold as the yellow metal hits strongest level in 2 months

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