Gold Up ~$400 in a Year, Holds Above $4,300 as Inflation Stays Sticky

Gold climbed roughly $400 per ounce over twelve months to $4,399.15 on August 12, 2026, per TradingEconomics, without a meaningful pullback below $4,300. Reuters data traces the path from $4,330 in August 2025. Above-target US inflation — core CPI at 3% per AP — limits Fed rate cuts, while US-Iran tensions and central-bank buying add support.