Neutral
Gold retreats from three-month high as traders await U.S. inflation data and Fed Chair's speech.
Gold prices reached a three-month peak near $4,700 but retreated as investors awaited U.S. inflation data and Federal Reserve Chair Kevin Warsh's speech. The market is cautious ahead of these events, leading to profit-taking and a slight pullback in gold prices.
Key points
- Gold prices hit a three-month high near $4,700 but retreated as investors awaited U.S. inflation data and Federal Reserve Chair Kevin Warsh's speech.
- Profit-taking and a firmer dollar tempered gains before U.S. inflation data and comments from Federal Reserve Chairman Kevin Warsh.
- Gold prices eased after reaching a high of more than three months earlier in the session, as traders awaited U.S. inflation data and comments from Federal Reserve Chairman Kevin Warsh.
Sources
- Gold News: XAUUSD Stalls Below $4,700 as Wednesday’s PCE Inflation Report NearsFXEmpire · August 25, 2026
- Gold falls on profit-taking following rally to more than three-month highEnergy News · August 25, 2026
- Gold falls on profit-taking following rally to more than three-month highEnergy News · August 25, 2026
AI-generated from public news sources. Not financial advice.
