Gold Futures Hit $4,571 as Treasury Pushes Down Bond Yields

U.S. gold futures settled 0.6% higher at $4,571.40 per ounce on August 20, 2026, building on a 2% surge the prior day after the U.S. Treasury moved to push down bond yields. Lower yields reduce the opportunity cost of holding gold, which pays no income. Spot gold slipped 0.1% to $4,516.19.