Gold Futures Climb to $4,571 as Treasury Weighs on Bond Yields

Gold futures settled 0.6% higher at $4,571.40 per ounce on August 20, 2026, extending a 2% rally from the prior session. The U.S. Treasury moved to push down bond yields, and since lower yields shrink the opportunity cost of holding non-yielding gold, prices rose. Spot gold edged 0.1% lower to $4,516.19.