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.
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Source:Internet
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