Gold price prediction today: Where are gold prices headed? Check outlook for August 31, 2026 week
Gold price prediction today:
Gold witnessed a sharp reversal last week, falling nearly 3% towards the end, posting its steepest weekly decline in several weeks after Fed Chair Warsh’s first Jackson Hole speech reinforced the view that US monetary policy may remain restrictive for longer. Markets interpreted Warsh’s remarks as distinctly hawkish after he emphasized that underlying inflation has not improved sufficiently and reiterated that restoring price stability remains the Federal Reserve’s top priority.
Gold witnessed a sharp reversal last week, falling nearly 3% towards the end, posting its steepest weekly decline in several weeks after Fed Chair Warsh’s first Jackson Hole speech reinforced the view that US monetary policy may remain restrictive for longer. Markets interpreted Warsh’s remarks as distinctly hawkish after he emphasized that underlying inflation has not improved sufficiently and reiterated that restoring price stability remains the Federal Reserve’s top priority.
Next Story