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28 Aug 2026 · 04:56 GMT+3

Gold slumps below $4,600 as attention turns to Jackson Hole Symposium

Gold price (XAU/USD) attracts some sellers below $4,600 during the early European trading hours on Friday. The precious metal retreats from a three-month high as in-line US inflation data has reinforced the possibility of further Federal Reserve (Fed) rate hikes.

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