Gold Research

Gold drops 1% as US PCE inflation strengthens case for December Fed rate hike - FXStreet

Gold drops 1% as US PCE inflation strengthens case for December Fed rate hike FXStreet. Use the dated public record, source link, current and previous values…

Gold drops 1% as US PCE inflation strengthens case for December Fed rate hike FXStreet

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

  • Source: FXStreet
  • 2026-10-29
  • rates
  • gold_price_action

Topics: gold news, gold price impact, rates, gold_price_action