Back to news
26 Aug 2026 · 21:09 GMT+3

Gold tumbles as high US inflation supports Fed hawkish bets

Gold (XAU/USD) price drops over 1.37% on Wednesday as economic data from the United States (US) broadly aligned with estimates. Meanwhile, inflation remains close to the 4% threshold, increasing the likelihood of higher interest rates.

Trading involves risk. The information above is for reference only and does not constitute investment advice.