Gold Research
Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates
The personal consumption expenditures price index was projected to increase 0.5% in September for an annual rate of 3.7%, according to the Dow Jones consensus.
The personal consumption expenditures price index was projected to increase 0.5% in September for an annual rate of 3.7%, according to the Dow Jones consensus.
Gold impact rationale
Rising inflation pressure strengthens demand for gold as an inflation hedge.
- Source: CNBC Markets
- 2026-10-29
- inflation
Topics: gold news, gold price impact, inflation