Australia TD-MI Inflation Gauge (MoM) increased to 1% in July from previous -0.4%

Aug 3, 2026

Gold recovers above $4,050 as Trump pauses Iran strikes

Gold price (XAU/USD) attracts some buyers to around $4,060 during the early Asian session on Monday. The precious metal edges higher amid hopes of a breakthrough between the United States (US) and Iran after reports that US President Donald Trump has held off Iran strikes.

PBOC sets USD/CNY reference rate at 6.7898 vs. 6.7894 previous

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7898 compared to Friday's fix of 6.7894.