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2026-08-27T07:54:00.000Z

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Gold climbs ahead of Fed remarks

Gold climbs ahead of Fed remarks

Gold prices rose today after declining by more than 1% in the previous session, amid market anticipation for this week's speech by U.S. Federal Reserve Chairman, Jerome Powell. The spot price of gold increased by 0.5% to reach $4,615.27 per ounce, while futures climbed by 0.4% to $4,669.50. Additionally, other precious metals saw gains, with silver rising by 1% to $68.77, platinum increasing by 0.7% to $1,842.88, and palladium up by 0.3% to $1,332.34.

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