According to CoinMeta, gold has maintained its support against the backdrop of a easing situation in the Middle East, but U.S. CPI data could erase its gains. With the improvement in Middle Eastern tensions and hopes for a U.S.-Iran agreement, the risks of inflation and Federal Reserve tightening policies have decreased. If there is no further escalation, gold's upward momentum should be sustained. Next week will see the release of the U.S. CPI report, which is crucial for September’s FOMC decisions and the Jackson Hole Symposium. A strong CPI report could trigger a sell-off in gold, while traders may increase bets on interest rate hikes; conversely, a weaker report would further reduce the risk of Fed tightening and boost gold prices. Additionally, today there is also the release of U.S. non-farm payroll data, but its importance is not as great as that of CPI, as the Fed does not focus much on the labor market.