Gold price falls back to $4,650, PCE report affects market
2026-08-27 20:26:03
According to CoinMeta, on August 27, 2026, the opening price of December gold futures (GC =F) was $4,650 per ounce, a decrease of 0.1% from the closing price on Wednesday. Although the gold price rebounded to $4,648.90 in the morning, it fell again after two consecutive days of opening above $4,700 due to the impact of the latest PCE report. The PCE report indicates that inflationary pressures still exist and may affect the Federal Reserve's interest rate decisions next month.
Source:Internet
This content is for market information only and does not constitute investment advice.
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