Gold concluded the trading week with a solid 1.12% gain, extending its impressive streak to four consecutive weekly advances.

The latest Consumer Price Index data has delivered a mixed message to financial markets, with inflation rising to 2.9% year-over-year in August—a figure that met economist expectations while highlighting the persistent challenges facing monetary policymaker

Gold markets experienced a significant rally following the release of Producer Price Index (PPI) data, with Comex futures climbing $16.60 to establish a new record closing price of $3,680.