Solomon Global contributing editor Nick Cawley has been featured in TheStreet’s latest analysis of gold’s volatile performance in 2026.
The article examines whether gold’s renewed momentum could continue after the precious metal recorded its strongest weekly performance since January, gaining more than 7%. Softer US employment and inflation data have reduced expectations of a Federal Reserve interest-rate increase in September, while a weaker dollar and continued central-bank demand have also supported prices.
Contributing to the discussion, Cawley noted that the probability of a Federal Reserve rate rise had already been falling sharply before the latest inflation figures were published. His comment highlights the importance of changing monetary-policy expectations in shaping short-term sentiment towards gold.
TheStreet also points to sustained central-bank purchases as a longer-term source of support. China’s central bank reportedly added 19.9 tonnes of gold to its reserves in July, its largest monthly purchase since late 2023 and its 21st consecutive month of accumulation. Goldman Sachs expects central banks to continue purchasing approximately 60 tonnes each month throughout 2026 as reserve managers diversify away from the US dollar.
Although gold remains below the record high of approximately $5,589 per ounce reached in January, the latest rally suggests that investor demand remains resilient. Evolving interest-rate expectations, currency concerns, government spending and central-bank diversification are likely to remain influential drivers of the market.
Nick Cawley’s contribution to TheStreet reflects Solomon Global’s continuing role in the international conversation surrounding gold, monetary policy and precious-metals investment.
Read the full article here:
Gold’s wild 2026 ride might not be over yet
This summary is provided for general information only and does not constitute financial or investment advice.
