Gold prices today, Wednesday, August 19, 2026: Gold strengthens ahead of FOMC minutes release - Yahoo Finance

Gold prices today, Wednesday, August 19, 2026: Gold strengthens ahead of FOMC minutes release - Yahoo Finance

Source: Yahoo Finance

DW NOTE

The Fed released its July minutes today. Gold is up 13% in a month with the 10-year at 4.72% and inflation running above target — which means real rates are negative again and gold isn't "strengthening," it's repricing the debasement already baked in. The Strait has been shut for 174 days and crude is still only at $85. Markets price what they see, not what central bankers say they intend.

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