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بوابة أخبار اليوم
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بوابة أخبار اليوم

2026-08-27T11:19:03.416Z

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Gold at Jackson Hole amid Fed cues

Gold at Jackson Hole amid Fed cues

Gold prices slightly declined in the domestic and global markets during today’s Thursday trading sessions, as investors awaited U.S. unemployment benefit data and the Federal Reserve Chairman's speech at the Jackson Hole symposium to determine the direction of gold prices. The decrease in gold prices repeated the pattern caused by the strengthening of the U.S. dollar and expectations of interest rate hikes, along with increased gold sales by citizens to boost liquidity. Despite prices rising since early August by nearly 8.4% in the local market and 13.1% globally, the gold price remains volatile due to conflicting inflation factors and American economic policy forecasts. Consequently, performance continues to fluctuate as markets await further economic data and the Fed's speech.

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